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 48,000

538 sqft Dec 2022

RM 89.00 PSF

Single Storey Terraced LORONG MERAK 60

RM 250,000

1,098 sqft Nov 2022

RM 228.00 PSF

Single Storey Terraced LORONG MERAK JAYA 54

RM 270,000

1,302 sqft Sep 2022

RM 207.00 PSF

Low-Cost Flat

RM 60,000

538 sqft Sep 2022

RM 111.00 PSF

Low-Cost Flat

RM 75,000

538 sqft Sep 2022

RM 139.00 PSF

Low-Cost Flat

RM 80,000

538 sqft Sep 2022

RM 149.00 PSF

Single Storey Terraced LORONG MERAK JAYA 59

RM 300,000

1,798 sqft Aug 2022

RM 167.00 PSF

Single Storey Terraced LORONG MERAK JAYA 3

RM 350,000

2,895 sqft Aug 2022

RM 121.00 PSF

Low-Cost Flat

RM 40,000

538 sqft Jul 2022

RM 74.00 PSF

Detached JALAN PA' BOI

RM 799,000

31,973 sqft Jun 2022

RM 25.00 PSF

Single Storey Terraced LORONG MERAK JAYA 4

RM 350,000

2,594 sqft Jun 2022

RM 135.00 PSF

Single Storey Terraced LORONG MERAK JAYA 3

RM 210,000

1,195 sqft Jun 2022

RM 176.00 PSF

Low-Cost Flat

RM 65,000

538 sqft May 2022

RM 121.00 PSF

Single Storey Terraced LORONG MERAK JAYA 59

RM 250,000

1,195 sqft May 2022

RM 209.00 PSF

Single Storey Terraced JALAN MERAK 5

RM 285,000

1,658 sqft May 2022

RM 172.00 PSF

Low-Cost Flat

RM 75,000

538 sqft Apr 2022

RM 139.00 PSF

Single Storey Terraced LORONG MERAK 49

RM 260,000

1,098 sqft Apr 2022

RM 237.00 PSF

Low-Cost Flat

RM 72,000

538 sqft Mar 2022

RM 134.00 PSF

Low-Cost Flat

RM 47,000

538 sqft Mar 2022

RM 87.00 PSF

Single Storey Terraced JALAN MERAK 5

RM 330,000

1,453 sqft Mar 2022

RM 227.00 PSF

Low-Cost Flat

RM 70,000

538 sqft Feb 2022

RM 130.00 PSF

Low-Cost Flat

RM 89,000

538 sqft Feb 2022

RM 165.00 PSF

Single Storey Terraced LORONG MERAK 64

RM 285,000

1,195 sqft Nov 2021

RM 239.00 PSF

Single Storey Terraced LORONGK MERAK JAYA 4

RM 255,000

1,195 sqft Oct 2021

RM 213.00 PSF

Single Storey Terraced LORONG MERAK JAYA 53

RM 285,000

1,141 sqft Oct 2021

RM 250.00 PSF

Low-Cost Flat

RM 50,000

538 sqft May 2021

RM 93.00 PSF

Low-Cost Flat

RM 66,000

538 sqft Mar 2021

RM 123.00 PSF

Type	Road	Price	PSF	Area	Date
Low-Cost Flat		RM 48,000	RM 89.00	538 sqft	Dec 2022
Single Storey Terraced	LORONG MERAK 60	RM 250,000	RM 228.00	1,098 sqft	Nov 2022
Single Storey Terraced	LORONG MERAK JAYA 54	RM 270,000	RM 207.00	1,302 sqft	Sep 2022
Low-Cost Flat		RM 60,000	RM 111.00	538 sqft	Sep 2022
Low-Cost Flat		RM 75,000	RM 139.00	538 sqft	Sep 2022
Low-Cost Flat		RM 80,000	RM 149.00	538 sqft	Sep 2022
Single Storey Terraced	LORONG MERAK JAYA 59	RM 300,000	RM 167.00	1,798 sqft	Aug 2022
Single Storey Terraced	LORONG MERAK JAYA 3	RM 350,000	RM 121.00	2,895 sqft	Aug 2022
Low-Cost Flat		RM 40,000	RM 74.00	538 sqft	Jul 2022
Detached	JALAN PA' BOI	RM 799,000	RM 25.00	31,973 sqft	Jun 2022
Single Storey Terraced	LORONG MERAK JAYA 4	RM 350,000	RM 135.00	2,594 sqft	Jun 2022
Single Storey Terraced	LORONG MERAK JAYA 3	RM 210,000	RM 176.00	1,195 sqft	Jun 2022
Low-Cost Flat		RM 65,000	RM 121.00	538 sqft	May 2022
Single Storey Terraced	LORONG MERAK JAYA 59	RM 250,000	RM 209.00	1,195 sqft	May 2022
Single Storey Terraced	JALAN MERAK 5	RM 285,000	RM 172.00	1,658 sqft	May 2022
Low-Cost Flat		RM 75,000	RM 139.00	538 sqft	Apr 2022
Single Storey Terraced	LORONG MERAK 49	RM 260,000	RM 237.00	1,098 sqft	Apr 2022
Low-Cost Flat		RM 72,000	RM 134.00	538 sqft	Mar 2022
Low-Cost Flat		RM 47,000	RM 87.00	538 sqft	Mar 2022
Single Storey Terraced	JALAN MERAK 5	RM 330,000	RM 227.00	1,453 sqft	Mar 2022
Low-Cost Flat		RM 70,000	RM 130.00	538 sqft	Feb 2022
Low-Cost Flat		RM 89,000	RM 165.00	538 sqft	Feb 2022
Single Storey Terraced	LORONG MERAK 64	RM 285,000	RM 239.00	1,195 sqft	Nov 2021
Single Storey Terraced	LORONGK MERAK JAYA 4	RM 255,000	RM 213.00	1,195 sqft	Oct 2021
Single Storey Terraced	LORONG MERAK JAYA 53	RM 285,000	RM 250.00	1,141 sqft	Oct 2021
Low-Cost Flat		RM 50,000	RM 93.00	538 sqft	May 2021
Low-Cost Flat		RM 66,000	RM 123.00	538 sqft	Mar 2021