TAMAN MERBAU JAYA

TAMAN MERBAU JAYA in Seberang Perai Utara, Penang recorded 7 subsale transactions between 2021 and 2025, with a median price of RM 300K and a median price per square foot (PSF) of RM 250.

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 300K, with most transactions falling within a stable range of RM 265K to RM 335K, and a typical market range of RM 268K to RM 333K.

Most transactions involved low-cost house, though some variety exists in the market.

The median PSF stands at RM 250, with core pricing between RM 205 and RM 295. Market pricing typically extends from RM 214.25 to RM 285.75, reflecting moderate variation in unit pricing. The spread of RM 71.50 (IQR) and deviation of RM 45 (MAD) suggest moderate price variations reflecting different property features.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.