Taman Murai Jaya

14100 Simpang Ampat, Pulau Pinang, Malaysia

Property Transactions

15 subsales grouped by size

Price Size
Period
transactions middle 50% (P25–P75)
550 sqft
LC Flat
RM98,000
Level 2
538 sqft · RM182 PSF
RM65,000
Level 3
549 sqft · RM118 PSF
RM120,000
Level G
549 sqft · RM219 PSF
RM45,000
Level 2
538 sqft · RM84 PSF
RM65,000
Level G
549 sqft · RM118 PSF
RM58,000
Level 1
549 sqft · RM106 PSF
+9 more
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM65,000

RM118 psf

Median transaction price

Taman Murai Jaya
© OpenStreetMap · CARTO

Taman Murai Jaya, 14100 Simpang Ampat, Pulau Pinang, Malaysia

Maps

Taman Murai Jaya in Seberang Perai Selatan, Penang recorded 15 Low-Cost Flat properties subsale transactions between 2021 and 2026, with a median price of RM65K and a median price per square foot (PSF) of RM118.

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 RM65K, with most transactions falling within a stable range of RM43K to RM87K, and a typical market range of RM39K to RM120K.

Within the Low-Cost Flat category, low-cost flat dominated the market, with high diversity across multiple property types.

Price per square foot shows a median of RM118, though individual units vary from RM78 to RM159 in the core range. The broader market spans RM57.41 to RM179.41, indicating diverse property characteristics. A wider spread (IQR: RM122.00) and deviation (MAD: RM40) indicate significant PSF variations, likely due to diverse property types or conditions.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.