Taman Merbau Jaya

Lorong Merbau Jaya 11, Kampung Lahar Yooi, 13800 Butterworth, Pulau Pinang, Malaysia

Property Transactions

2 subsales found

Price Size
Period
transactions middle 50% (P25–P75)
RM330,000
Lorong Merbau Jaya 5
1,100 sqft RM300 PSF
RM218,000
Lorong Merbau Jaya 3
1,100 sqft RM198 PSF
Legend Recent Highest Price Highest PSF

Selling in Taman Merbau Jaya? Homes here sold for a median of RM274,000.

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Most-traded areas in this mukim, by number of recorded subsale transactions. See every area in 11

Market Snapshot

Residential

RM274,000

RM249 psf

Median transaction price

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Lorong Merbau Jaya 11, Kampung Lahar Yooi, 13800 Butterworth, Pulau Pinang, Malaysia

Maps

Taman Merbau Jaya in Seberang Perai Utara, Penang recorded 2 subsale transactions between 2021 and 2026, sized between 1,075 and 1,124 sqft, with a median price of RM274K and a median price per square foot (PSF) of RM249.

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 RM274K, with most transactions falling within a stable range of RM218K to RM330K, and a typical market range of RM244K to RM304K.

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

Price per square foot shows a median of RM249, though individual units vary from RM198 to RM300 in the core range. The broader market spans RM207.73 to RM290.48, indicating diverse property characteristics. The spread of RM82.75 (IQR) and deviation of RM51 (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.