Taman Merbau Jaya
Lorong Merbau Jaya 11, Kampung Lahar Yooi, 13800 Butterworth, Pulau Pinang, Malaysia
Lorong Merbau Jaya 11, Kampung Lahar Yooi, 13800 Butterworth, Pulau Pinang, Malaysia
| LIST.MY · Taman Merbau Jaya | |||||
|---|---|---|---|---|---|
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
| 2024 | |||||
|
Lorong Merbau Jaya 6
|
RM354,000
|
RM295
|
1,200 sqft
|
|
Terrace |
|
Lorong Merbau Jaya 1
|
RM330,000
|
RM275
|
1,200 sqft
|
|
LC House |
|
Lorong Merbau Jaya 2
|
RM300,000
|
RM250
|
1,200 sqft
|
|
Terrace |
Selling in Taman Merbau Jaya? Homes here sold for a median of RM330,000.
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Off Jalan Pokok Sena
PSF median price per sq ft · 12m its change over the past 12 months
Most-traded areas in this mukim, by number of recorded subsale transactions. See every area in 11
Market Snapshot
ResidentialRM330,000
RM275 psfMedian transaction price
Lorong Merbau Jaya 11, Kampung Lahar Yooi, 13800 Butterworth, Pulau Pinang, Malaysia
MapsTaman Merbau Jaya in Seberang Perai Utara, Penang recorded 3 subsale transactions between 2021 and 2026, sized between 1,175 and 1,224 sqft, with a median price of RM330K and a median price per square foot (PSF) of RM275.
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 RM330K, with most transactions falling within a stable range of RM308K to RM352K, and a typical market range of RM300K to RM354K.
Most transactions involved low-cost house, though some variety exists in the market.
For price per square foot, the median is RM275, with most transactions between RM257 and RM293. The usual range is RM233.64 to RM316.39, showing that most units are priced quite close to each other. With an IQR of RM82.75 and MAD of RM18, 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.