TMN MERAK JAYA
Residential Market
Median Price
RM 120,000
PSF Trends (2021-2025)
Commercial Market
Median Price
RM 625,000
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 3 subsale transactions in 2025, with a median price of RM 120K and a median price per square foot (PSF) of RM 223.
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 90K to RM 238K, and a typical market range of RM 90K 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 223, though individual units vary from RM 158 to RM 288 in the core range. The broader market spans RM 178.50 to RM 267.50, indicating diverse property characteristics. A wider spread (IQR: RM 89.00) and deviation (MAD: RM 65) 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. Limited transaction history suggests carefully evaluating comparable sales data.
Filter by type, year, price, and size
Transactions
3 properties grouped by size
Road | Price | PSF | Size | Date | Type |
---|
RM 90,000
|
RM 167.00
|
538 sqft
|
Feb 2025
|
||
RM 120,000
|
RM 223.00
|
538 sqft
|
Jan 2025
|
JALAN MERAK 5
|
RM 355,000
|
RM 323.00
|
1,098 sqft
|
Feb 2025
|