Area Intelligence

TMN MERAK JAYA

3 properties
2025
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Median Price
RM 120,000
PSF: RM 223

Residential Market

Median Price

RM 120,000

IQR: RM 89
MAD: RM 43
RM 223 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)

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.

Area Location

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TMN MERAK JAYA, Seberang Perai Selatan, Penang

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Transactions

3 properties grouped by size

550 sqft
2 units Low-Cost Flat
RM 90,000
538 sqft · RM 167.00 PSF
Feb 2025
RM 120,000
538 sqft · RM 223.00 PSF
Jan 2025
1,100 sqft
1 units Single Storey Terraced
RM 355,000
JALAN MERAK 5
1,098 sqft · RM 323.00 PSF
Feb 2025