TMN MERAK JAYA

TMN MERAK JAYA in Seberang Perai Selatan, Penang recorded 35 Single Storey Terraced properties subsale transactions between 2021 and 2025 for single storey terraced properties, with a median price of RM 300K and a median price per square foot (PSF) of RM 228.

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 300K, with most transactions falling within a stable range of RM 258K to RM 342K, and a typical market range of RM 210K to RM 412K.

Within the Single Storey Terraced category, low-cost flat dominated the market, with moderate diversity in property types available.

The median PSF stands at RM 228, with core pricing between RM 183 and RM 273. Market pricing typically extends from RM 183.50 to RM 272.50, reflecting moderate variation in unit pricing. The spread of RM 89.00 (IQR) and deviation of RM 45 (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. Some price volatility exists, making thorough market research essential before transacting. Moderate transaction volume may require patience when buying or selling.