TMN MERAK JAYA

TMN MERAK JAYA in Seberang Perai Selatan, Penang recorded 26 subsale transactions in 2023, with a median price of RM 180K and a median price per square foot (PSF) of RM 189.

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 180K, with most transactions falling within a stable range of RM 67K to RM 293K, and a typical market range of RM 69K to RM 292K.

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

Price per square foot shows a median of RM 189, though individual units vary from RM 136 to RM 241 in the core range. The broader market spans RM 144.00 to RM 233.00, indicating diverse property characteristics. A wider spread (IQR: RM 89.00) and deviation (MAD: RM 53) indicate significant PSF variations, likely due to diverse property types or conditions.

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.