Seri Jaya, Taman Seri Jaya

Seri Jaya (also known as Pangsapuri Seri Jaya) is a freehold low-cost flat located in Taman Seri Jaya, Bukit Mertajam. There are 135 units available at this project with built-up from 1,000 sf to 1,120 sf. It was developed by Global Megajasa Sdn Bhd with a launch price of about RM240 psf, and was completed around 2014. Global Megajasa Sdn Bhd is a small-scale property development company held privately, and it has developed only this project in Malaysia.

Property Type
Low-Cost Flat
Land Tenure
Freehold
Built-up
1,000 sf - 1,120 sf
Market Price
RM370,000 - RM400,000
Density
135 Units
Completed In
2014
Launch Price
About RM240 psf

The only amenities nearby this low-cost flat are schools. Several of the schools here include SJK (T) Bukit Mertajam, SK Kampung Baru and SMK Bukit Mertajam.

The current market prices for Seri Jaya are from RM370,000 to RM400,000 (about RM380 psf); while the monthly rentals are from RM1,200 to RM1,400 (about RM1.19 psf). The highest median price psf ever recorded was RM408 psf in Q4 2015; while the lowest one was RM240 psf in Q1 2012.

The current rental yield of Seri Jaya is around 4.11%, compared to 3.75% 2 years ago in Q4 2017. The highest rental yield ever recorded was 4.42% in Q1 2017; while the lowest one was 3.71% in Q2 2017. Meanwhile, the most common unit layouts and sizes available here are as follows:

The most popular layout and size combination at Seri Jaya is 3-bedroom / 1,000 sf with a median price of RM380 psf. For price wise, the most expensive one is 3-bedroom / 1,005 sf with a median price of RM380 psf; while the cheapest one is 3-bedroom / 1,100 sf with a median price of RM340 psf.

Latest Seri Jaya for sale listings:

DateTypeBuilt-upPrice
21-May-19Low-Cost Flat1,005 sfRM388,800
13-May-19Condominium1,005 sfRM380,000
25-Mar-19Condominium1,200 sfRM368,000
25-Mar-19Condominium1,120 sfRM368,000
14-Feb-19Condominium1,005 sfRM370,000
08-Feb-19Condominium1,000 sfRM380,000
03-Jan-19Condominium1,005 sfRM380,000
24-Nov-18Condominium1,005 sfRM360,000
01-Nov-18Condominium1,100 sfRM368,000

Latest Seri Jaya for rent listings:

DateTypeBuilt-upRental
01-Jul-19Condominium1,000 sfRM1,500
05-May-19Condominium1,200 sfRM1,450
19-Mar-19Condominium1,001 sfRM1,000
07-Mar-19Condominium1,000 sfRM900
21-Jan-19Condominium1,005 sfRM1,100
08-Dec-18Condominium1,005 sfRM1,200
24-Nov-18Condominium1,100 sfRM1,300
16-Nov-18Condominium1,250 sfRM1,400

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