TAMAN MERAK

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 249K to RM 321K, 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.

The median PSF stands at RM 270, with core pricing between RM 230 and RM 310. Market pricing typically extends from RM 226.50 to RM 313.50, reflecting moderate variation in unit pricing. With an IQR of RM 87.00 and MAD of RM 40, 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. Moderate price stability provides a balanced market for both buyers and sellers. Steady transaction activity supports reliable market pricing.