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
| Road | Price | PSF | Size | Date | Type |
|---|
|
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 |
|
Lorong Merbau Jaya 7
|
RM265,000
|
RM195
|
1,362 sqft
|
|
Selling in Taman Merbau Jaya? Homes here sold for a median of RM315,000.
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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
ResidentialRM315,000
RM263 psfMedian transaction price
Lorong Merbau Jaya 11, Kampung Lahar Yooi, 13800 Butterworth, Pulau Pinang, Malaysia
MapsTaman Merbau Jaya in Seberang Perai Utara, Penang recorded 4 subsale transactions in 2024, with a median price of RM315K and a median price per square foot (PSF) of RM263.
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 RM315K, with most transactions falling within a stable range of RM282K to RM348K, and a typical market range of RM285K to RM345K.
Most transactions involved low-cost house, though some variety exists in the market.
The median PSF stands at RM263, with core pricing between RM225 and RM300. Market pricing typically extends from RM221.14 to RM303.89, reflecting moderate variation in unit pricing. With an IQR of RM82.75 and MAD of RM38, 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.