TAMAN MERBAU JAYA

TAMAN MERBAU JAYA in Seberang Perai Utara, Penang recorded 4 Low-Cost House properties subsale transactions between 2021 and 2025 for low-cost house properties, with a median price of RM 270K and a median price per square foot (PSF) of RM 197.

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 270K, with most transactions falling within a stable range of RM 230K to RM 310K, and a typical market range of RM 238K to RM 303K.

Within the Low-Cost House category, low-cost house dominated the market, though some variety exists in the market.

Price per square foot shows a median of RM 197, though individual units vary from RM 156 to RM 237 in the core range. The broader market spans RM 160.75 to RM 232.25, indicating diverse property characteristics. The spread of RM 71.50 (IQR) and deviation of RM 40 (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.