Penang
Seberang Perai Selatan
14
TMN MERAK JAYA

Area Intelligence

14, Seberang Perai Selatan, Penang

TMN MERAK JAYA

77 properties

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Median Price

RM 120,000

PSF: RM 186

Residential Market

Median Price

RM 120,000

IQR: RM 89

MAD: RM 43

RM 186 PSF 1.5%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 625,000

IQR: RM 18

MAD: RM 18

RM 325 PSF

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

Low-Cost Flat

39 properties

Median Price

RM 80,000

+16.0% CAGR

Median PSF

RM 149.00

+15.9% CAGR

Single Storey Terraced

35 properties

Median Price

RM 300,000

+5.6% CAGR

Median PSF

RM 239.00

+7.8% CAGR

Double Storey Shop

2 properties

Median Price

RM 625,000

Median PSF

RM 324.50

Detached

1 properties

Median Price

RM 799,000

Median PSF

RM 25.00

Property Type	Properties	Median Price	Price CAGR	Median PSF	PSF CAGR
Low-Cost Flat	39	RM 80,000 ±22K MAD	+16.00%	RM 149.00 ±41 MAD	+15.92%
Single Storey Terraced	35	RM 300,000 ±23K MAD	+5.64%	RM 239.00 ±13 MAD	+7.82%
Double Storey Shop	2	RM 625,000	-	RM 324.50	-
Detached	1	RM 799,000	-	RM 25.00	-

TMN MERAK JAYA in Seberang Perai Selatan, Penang recorded 77 subsale transactions between 2021 and 2025, with a median price of RM 120K and a median price per square foot (PSF) of RM 186.

This area contains both residential and commercial properties. View 75 residential properties or 2 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 120K, with most transactions falling within a stable range of RM 40K to RM 200K, and a typical market range of RM 40K to RM 232K.

Most transactions involved low-cost flat, with moderate diversity in property types available.

Price per square foot shows a median of RM 186, though individual units vary from RM 140 to RM 232 in the core range. The broader market spans RM 141.50 to RM 230.50, indicating diverse property characteristics. The spread of RM 89.00 (IQR) and deviation of RM 46 (MAD) suggest moderate price variations reflecting different property features.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Moderate transaction volume may require patience when buying or selling.

Area Location

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TMN MERAK JAYA, Seberang Perai Selatan, Penang

OSM

Filter by type, year, price, and size

Property Type

All Types Single Storey Terraced Double Storey Shop Detached Low-Cost Flat

Year

All Years 2025 2024 2023 2022 2021

Min Price

Max Price

Min Size (sqft)

Max Size (sqft)

Transactions

77 properties found

View:

Grouped Individual

Low-Cost Flat

RM 90,000

538 sqft Feb 2025

RM 167.00 PSF

Single Storey Terraced JALAN MERAK 5

RM 355,000

1,098 sqft Feb 2025

RM 323.00 PSF

Low-Cost Flat

RM 120,000

538 sqft Jan 2025

RM 223.00 PSF

Low-Cost Flat

RM 120,000

538 sqft Nov 2024

RM 223.00 PSF

Low-Cost Flat

RM 87,000

538 sqft Nov 2024

RM 162.00 PSF

Single Storey Terraced LORONG MERAK 61

RM 260,000

1,098 sqft Nov 2024

RM 237.00 PSF

Low-Cost Flat

RM 120,000

538 sqft Oct 2024

RM 223.00 PSF

Low-Cost Flat

RM 120,000

538 sqft Sep 2024

RM 223.00 PSF

Low-Cost Flat

RM 73,000

538 sqft Jul 2024

RM 136.00 PSF

Single Storey Terraced JALAN MERAK 5

RM 360,000

1,550 sqft Jul 2024

RM 232.00 PSF

Single Storey Terraced JLN MERAK 61

RM 420,000

2,217 sqft Jul 2024

RM 189.00 PSF

Single Storey Terraced LORONG MERAK 64

RM 325,000

1,195 sqft Jul 2024

RM 272.00 PSF

Double Storey Shop JALAN MERAK 5

RM 820,000

2,400 sqft May 2024

RM 342.00 PSF

Low-Cost Flat

RM 100,000

538 sqft Apr 2024

RM 186.00 PSF

Low-Cost Flat

RM 110,000

510 sqft Apr 2024

RM 216.00 PSF

Single Storey Terraced LORONG MERAK 64

RM 300,000

1,195 sqft Mar 2024

RM 251.00 PSF

Single Storey Terraced LORONG MERAK JAYA 3

RM 320,000

1,195 sqft Mar 2024

RM 268.00 PSF

Low-Cost Flat

RM 115,000

538 sqft Mar 2024

RM 214.00 PSF

Single Storey Terraced LORONG MERAK JAYA 59

RM 300,000

1,195 sqft Mar 2024

RM 251.00 PSF

Double Storey Shop JLN MERAK 5

RM 430,000

1,399 sqft Feb 2024

RM 307.00 PSF

Low-Cost Flat

RM 100,000

538 sqft Jan 2024

RM 186.00 PSF

Single Storey Terraced LORONG MERAK 61

RM 340,000

1,098 sqft Jan 2024

RM 310.00 PSF

Low-Cost Flat

RM 72,000

538 sqft Jan 2024

RM 134.00 PSF

Single Storey Terraced LORONG MERAK JAYA 58

RM 350,000

1,195 sqft Dec 2023

RM 293.00 PSF

Low-Cost Flat

RM 100,000

538 sqft Dec 2023

RM 186.00 PSF

Low-Cost Flat

RM 85,000

538 sqft Dec 2023

RM 158.00 PSF

Single Storey Terraced JALAN MERAK 5

RM 310,000

1,625 sqft Dec 2023

RM 191.00 PSF

Low-Cost Flat

RM 77,000

538 sqft Nov 2023

RM 143.00 PSF

Low-Cost Flat

RM 80,000

538 sqft Nov 2023

RM 149.00 PSF

Single Storey Terraced LORONG MERAK JAYA 51

RM 250,000

1,098 sqft Nov 2023

RM 228.00 PSF

Single Storey Terraced LORONG MERAK 52

RM 260,000

1,141 sqft Nov 2023

RM 228.00 PSF

Single Storey Terraced LORONG MERAK 60

RM 330,000

1,647 sqft Oct 2023

RM 200.00 PSF

Single Storey Terraced JALAN MERAK 5

RM 300,000

1,636 sqft Oct 2023

RM 183.00 PSF

Low-Cost Flat

RM 110,000

538 sqft Oct 2023

RM 204.00 PSF

Low-Cost Flat

RM 87,000

538 sqft Sep 2023

RM 162.00 PSF

Single Storey Terraced LRG MERAK 49

RM 330,000

1,098 sqft Aug 2023

RM 301.00 PSF

Single Storey Terraced LORONG MERAK 62

RM 330,000

1,647 sqft Aug 2023

RM 200.00 PSF

Low-Cost Flat

RM 86,000

538 sqft Aug 2023

RM 160.00 PSF

Low-Cost Flat

RM 50,000

510 sqft May 2023

RM 98.00 PSF

Single Storey Terraced JALAN MERAK 5

RM 300,000

1,550 sqft Apr 2023

RM 194.00 PSF

Low-Cost Flat

RM 65,000

538 sqft Apr 2023

RM 121.00 PSF

Single Storey Terraced LORONG MERAK 60

RM 280,000

1,098 sqft Mar 2023

RM 255.00 PSF

Low-Cost Flat

RM 75,000

538 sqft Mar 2023

RM 139.00 PSF

Single Storey Terraced LORONG MERAK JAYA 59

RM 250,000

1,195 sqft Feb 2023

RM 209.00 PSF

Low-Cost Flat

RM 65,000

538 sqft Feb 2023

RM 121.00 PSF

Low-Cost Flat

RM 80,000

538 sqft Feb 2023

RM 149.00 PSF

Single Storey Terraced LORONG MERAK 50

RM 270,000

1,195 sqft Jan 2023

RM 226.00 PSF

Single Storey Terraced LORONG MERAK 58

RM 325,000

1,195 sqft Jan 2023

RM 272.00 PSF

Low-Cost Flat

RM 68,000

538 sqft Jan 2023

RM 126.00 PSF

Low-Cost Flat

RM 55,000

538 sqft Dec 2022

RM 102.00 PSF

Type	Road	Price	PSF	Area	Date
Low-Cost Flat		RM 90,000	RM 167.00	538 sqft	Feb 2025
Single Storey Terraced	JALAN MERAK 5	RM 355,000	RM 323.00	1,098 sqft	Feb 2025
Low-Cost Flat		RM 120,000	RM 223.00	538 sqft	Jan 2025
Low-Cost Flat		RM 120,000	RM 223.00	538 sqft	Nov 2024
Low-Cost Flat		RM 87,000	RM 162.00	538 sqft	Nov 2024
Single Storey Terraced	LORONG MERAK 61	RM 260,000	RM 237.00	1,098 sqft	Nov 2024
Low-Cost Flat		RM 120,000	RM 223.00	538 sqft	Oct 2024
Low-Cost Flat		RM 120,000	RM 223.00	538 sqft	Sep 2024
Low-Cost Flat		RM 73,000	RM 136.00	538 sqft	Jul 2024
Single Storey Terraced	JALAN MERAK 5	RM 360,000	RM 232.00	1,550 sqft	Jul 2024
Single Storey Terraced	JLN MERAK 61	RM 420,000	RM 189.00	2,217 sqft	Jul 2024
Single Storey Terraced	LORONG MERAK 64	RM 325,000	RM 272.00	1,195 sqft	Jul 2024
Double Storey Shop	JALAN MERAK 5	RM 820,000	RM 342.00	2,400 sqft	May 2024
Low-Cost Flat		RM 100,000	RM 186.00	538 sqft	Apr 2024
Low-Cost Flat		RM 110,000	RM 216.00	510 sqft	Apr 2024
Single Storey Terraced	LORONG MERAK 64	RM 300,000	RM 251.00	1,195 sqft	Mar 2024
Single Storey Terraced	LORONG MERAK JAYA 3	RM 320,000	RM 268.00	1,195 sqft	Mar 2024
Low-Cost Flat		RM 115,000	RM 214.00	538 sqft	Mar 2024
Single Storey Terraced	LORONG MERAK JAYA 59	RM 300,000	RM 251.00	1,195 sqft	Mar 2024
Double Storey Shop	JLN MERAK 5	RM 430,000	RM 307.00	1,399 sqft	Feb 2024
Low-Cost Flat		RM 100,000	RM 186.00	538 sqft	Jan 2024
Single Storey Terraced	LORONG MERAK 61	RM 340,000	RM 310.00	1,098 sqft	Jan 2024
Low-Cost Flat		RM 72,000	RM 134.00	538 sqft	Jan 2024
Single Storey Terraced	LORONG MERAK JAYA 58	RM 350,000	RM 293.00	1,195 sqft	Dec 2023
Low-Cost Flat		RM 100,000	RM 186.00	538 sqft	Dec 2023
Low-Cost Flat		RM 85,000	RM 158.00	538 sqft	Dec 2023
Single Storey Terraced	JALAN MERAK 5	RM 310,000	RM 191.00	1,625 sqft	Dec 2023
Low-Cost Flat		RM 77,000	RM 143.00	538 sqft	Nov 2023
Low-Cost Flat		RM 80,000	RM 149.00	538 sqft	Nov 2023
Single Storey Terraced	LORONG MERAK JAYA 51	RM 250,000	RM 228.00	1,098 sqft	Nov 2023
Single Storey Terraced	LORONG MERAK 52	RM 260,000	RM 228.00	1,141 sqft	Nov 2023
Single Storey Terraced	LORONG MERAK 60	RM 330,000	RM 200.00	1,647 sqft	Oct 2023
Single Storey Terraced	JALAN MERAK 5	RM 300,000	RM 183.00	1,636 sqft	Oct 2023
Low-Cost Flat		RM 110,000	RM 204.00	538 sqft	Oct 2023
Low-Cost Flat		RM 87,000	RM 162.00	538 sqft	Sep 2023
Single Storey Terraced	LRG MERAK 49	RM 330,000	RM 301.00	1,098 sqft	Aug 2023
Single Storey Terraced	LORONG MERAK 62	RM 330,000	RM 200.00	1,647 sqft	Aug 2023
Low-Cost Flat		RM 86,000	RM 160.00	538 sqft	Aug 2023
Low-Cost Flat		RM 50,000	RM 98.00	510 sqft	May 2023
Single Storey Terraced	JALAN MERAK 5	RM 300,000	RM 194.00	1,550 sqft	Apr 2023
Low-Cost Flat		RM 65,000	RM 121.00	538 sqft	Apr 2023
Single Storey Terraced	LORONG MERAK 60	RM 280,000	RM 255.00	1,098 sqft	Mar 2023
Low-Cost Flat		RM 75,000	RM 139.00	538 sqft	Mar 2023
Single Storey Terraced	LORONG MERAK JAYA 59	RM 250,000	RM 209.00	1,195 sqft	Feb 2023
Low-Cost Flat		RM 65,000	RM 121.00	538 sqft	Feb 2023
Low-Cost Flat		RM 80,000	RM 149.00	538 sqft	Feb 2023
Single Storey Terraced	LORONG MERAK 50	RM 270,000	RM 226.00	1,195 sqft	Jan 2023
Single Storey Terraced	LORONG MERAK 58	RM 325,000	RM 272.00	1,195 sqft	Jan 2023
Low-Cost Flat		RM 68,000	RM 126.00	538 sqft	Jan 2023
Low-Cost Flat		RM 55,000	RM 102.00	538 sqft	Dec 2022