TAMAN MERBAU JAYA
Residential Market
Median Price
RM 275,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Low-Cost House
4 properties
Median Price
RM 275,000
+16.8% CAGR
Median PSF
RM 198.00
+8.9% CAGR
Single Storey Terraced
3 properties
Median Price
RM 333,500
-1.9% CAGR
Median PSF
RM 266.75
+2.2% CAGR
Shop/Retail Lot
1 properties
Median Price
RM 200,000
Median PSF
RM 258.00
| Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
|---|---|---|---|---|---|---|
| Low-Cost House | 4 |
RM 275,000
±23K MAD
|
+16.82% |
RM 198.00
±31 MAD
|
+8.94% | |
| Single Storey Terraced | 3 |
RM 333,500
±7K MAD
|
-1.93% |
RM 266.75
±6 MAD
|
+2.18% | |
| Shop/Retail Lot | 1 |
RM 200,000
|
- |
RM 258.00
|
- |
TAMAN MERBAU JAYA in Seberang Perai Utara, Penang recorded 1 subsale transactions in 2023, with a median price of RM 275K and a median price per square foot (PSF) of RM 167.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat.
Most transactions involved low-cost house, though some variety exists in the market.
For price per square foot, the median is RM 167, with most transactions between RM 167 and RM 167. The usual range is RM 131.25 to RM 202.75, showing that most units are priced quite close to each other. With an IQR of RM 71.50 and MAD of RM 0, the PSF demonstrates reasonable consistency across the market.
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.
Filter by type, year, price, and size
Transactions
1 properties grouped by size
| Road | Price | PSF | Size | Date | Type |
|---|
|
LORONG MERBAU JAYA 3
|
RM 275,000
|
RM 167.00
|
1,650 sqft
|
Mar 2023
|