Taman Merbau Jaya (Butterworth Sek 1)
1, Butterworth, Pulau Pinang, Malaysia
1, Butterworth, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 3
|
RM252,000
|
RM321
|
786 sqft
|
|
|
|
Level 3
|
RM260,000
|
RM331
|
786 sqft
|
|
|
|
Level 3
|
RM237,000
|
RM302
|
786 sqft
|
|
|
|
Level 4
|
RM230,000
|
RM293
|
786 sqft
|
|
|
|
Level 1
|
RM250,000
|
RM318
|
786 sqft
|
|
|
|
Level 1
|
RM253,000
|
RM322
|
786 sqft
|
|
|
Jalan Merbau
|
RM1,080,000
|
RM460
|
2,347 sqft
|
|
Selling in Taman Merbau Jaya (Butterworth Sek 1)? Homes here sold for a median of RM252,000.
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Taman Merbau Jaya (Butterworth Sek 1)
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 Butterworth
1, Butterworth, Pulau Pinang, Malaysia
MapsTaman Merbau Jaya (Butterworth Sek 1) in Seberang Perai Utara, Penang recorded 7 subsale transactions between 2021 and 2026, with a median price of RM252K and a median price per square foot (PSF) of RM321.
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 RM252K, with most transactions falling within a stable range of RM244K to RM260K, and a typical market range of RM246K to RM259K.
Most transactions involved condominium/apartment, though some variety exists in the market.
For price per square foot, the median is RM321, with most transactions between RM311 and RM331. The usual range is RM312.45 to RM328.95, showing that most units are priced quite close to each other. A typical spread (IQR) of RM16.50 and an average deviation (MAD) of RM10 indicate a highly stable PSF trend across properties.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.