Taman Merbau Jaya in Seberang Perai Utara, Penang recorded 5 Low-Cost House properties subsale transactions between 2021 and 2026, with a median price of RM275K and a median price per square foot (PSF) of RM198.

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 RM275K, with most transactions falling within a stable range of RM233K to RM317K, and a typical market range of RM245K to RM305K.

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 RM198, though individual units vary from RM147 to RM249 in the core range. The broader market spans RM156.82 to RM239.57, indicating diverse property characteristics. A wider spread (IQR: RM82.75) and deviation (MAD: RM51) indicate significant PSF variations, likely due to diverse property types or conditions.

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.