Area Intelligence

TMN MURAI JAYA

13 properties
Low-Cost Flat
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Median Price
RM 58,000
PSF: RM 106

Residential Market

Median Price

RM 58,000

IQR: RM 132
MAD: RM 71
RM 106 PSF 7.9%

PSF Trends (2021-2025)

TMN MURAI JAYA in Seberang Perai Selatan, Penang recorded 13 Low-Cost Flat properties subsale transactions between 2021 and 2025 for low-cost flat properties, with a median price of RM 58K and a median price per square foot (PSF) of RM 106.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 58K, with most transactions falling within a stable range of RM 39K to RM 79K, and a typical market range of RM 39K to RM 120K.

Within the Low-Cost Flat category, low-cost flat dominated the market, with high diversity across multiple property types.

Price per square foot shows a median of RM 106, though individual units vary from RM 67 to RM 145 in the core range. The broader market spans RM 43.00 to RM 169.00, indicating diverse property characteristics. A wider spread (IQR: RM 126.00) and deviation (MAD: RM 39) 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 MURAI JAYA, Seberang Perai Selatan, Penang

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Transactions

13 properties grouped by size

550 sqft
13 units (showing 6) Low-Cost Flat
RM 120,000
549 sqft · RM 219.00 PSF
Jul 2024
RM 45,000
538 sqft · RM 84.00 PSF
Jan 2024
RM 65,000
549 sqft · RM 118.00 PSF
Sep 2023
RM 58,000
549 sqft · RM 106.00 PSF
Feb 2023
RM 39,000
549 sqft · RM 71.00 PSF
Feb 2023
RM 39,000
538 sqft · RM 72.00 PSF
Dec 2022