Taman Merbau Jaya
Lorong Merbau Jaya 11, Kampung Lahar Yooi, 13800 Butterworth, Pulau Pinang, Malaysia
Lorong Merbau Jaya 11, Kampung Lahar Yooi, 13800 Butterworth, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Lorong Merbau Jaya 3
|
RM 275,000
|
RM 167
|
1,650 sqft
|
|
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Market Snapshot
ResidentialRM 275,000
RM 167 psfMedian transaction price
Lorong Merbau Jaya 11, Kampung Lahar Yooi, 13800 Butterworth, Pulau Pinang, Malaysia
MapsTaman Merbau Jaya in Seberang Perai Utara, Penang recorded 1 subsale transactions in 2023, with a median price of RM 275K and a median price per square foot (PSF) of RM 167.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat.
Most transactions involved low-cost house, though some variety exists in the market.
For price per square foot, the median is RM 167, with most transactions between RM 167 and RM 167. The usual range is RM 125.29 to RM 208.05, showing that most units are priced quite close to each other. With an IQR of RM 82.75 and MAD of RM 0, the PSF demonstrates reasonable consistency across the market.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.