Penang
Seberang Perai Selatan
14
KAWASAN PERNIAGAAN TAMAN MERAK

KAWASAN PERNIAGAAN TAMAN MERAK

Area Intelligence

Median Price

RM 492,500

PSF: RM 412

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Residential PSF Trends

Median Price

RM 492,500

PSF: RM 412

KAWASAN PERNIAGAAN TAMAN MERAK in Seberang Perai Selatan, Penang recorded 6 subsale transactions between 2021 and 2025, with a median price of RM 493K and a median price per square foot (PSF) of RM 412.

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 RM 493K, with most transactions falling within a stable range of RM 442K to RM 543K, and a typical market range of RM 484K to RM 501K.

Most transactions involved 2 - 2 1/2 storey terraced, with minimal variety in property types.

The median PSF stands at RM 412, with core pricing between RM 369 and RM 455. Market pricing typically extends from RM 405.50 to RM 418.50, reflecting moderate variation in unit pricing. With an IQR of RM 13.00 and MAD of RM 43, 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.

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KAWASAN PERNIAGAAN TAMAN MERAK, Seberang Perai Selatan, Penang

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Transactions

6 transactions grouped by size

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

Custom Range

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Max Price (RM)

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Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

Custom Range

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Max Size (sqft)

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Road	Price	Land PSF	Land	Date	Type

1,200 sqft

Double Storey Terraced

1,200 sqft

Double Storey Terraced

RM 495,000

LORONG KENDI 9

1,195 sqft · RM 414 PSF

Feb 2025

RM 480,000

LORONG KENDI 8

1,195 sqft · RM 402 PSF

Jan 2025

RM 490,000

LORONG KENDI 8

1,195 sqft · RM 410 PSF

Jun 2024

RM 500,000

LORONG KENDI 9

1,195 sqft · RM 418 PSF

Nov 2023

RM 550,000

LORONG KENDI 9

1,195 sqft · RM 460 PSF

Sep 2023

RM 380,000

LORONG KENDI 9

1,195 sqft · RM 318 PSF

Sep 2022

LORONG KENDI 9	RM 495,000	RM 414	1,195 sqft	Feb 2025
LORONG KENDI 8	RM 480,000	RM 402	1,195 sqft	Jan 2025
LORONG KENDI 8	RM 490,000	RM 410	1,195 sqft	Jun 2024
LORONG KENDI 9	RM 500,000	RM 418	1,195 sqft	Nov 2023
LORONG KENDI 9	RM 550,000	RM 460	1,195 sqft	Sep 2023
LORONG KENDI 9	RM 380,000	RM 318	1,195 sqft	Sep 2022