TAMAN MERAK in Seberang Perai Selatan, Penang recorded 101 subsale transactions between 2021 and 2025, with a median price of RM 285K and a median price per square foot (PSF) of RM 270.
This area contains both residential and commercial properties. View 94 residential properties or 15 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 285K, with most transactions falling within a stable range of RM 186K to RM 384K, and a typical market range of RM 248K to RM 323K.
Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.
Price per square foot shows a median of RM 270, though individual units vary from RM 199 to RM 341 in the core range. The broader market spans RM 226.50 to RM 313.50, indicating diverse property characteristics. A wider spread (IQR: RM 87.00) and deviation (MAD: RM 71) 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. Some price volatility exists, making thorough market research essential before transacting. Steady transaction activity supports reliable market pricing.
