TAMAN MERAK

Area Intelligence
Median Price
RM 285,000
PSF: RM 270

Residential PSF Trends

Median Price

RM 280,000

PSF: RM 270

Commercial PSF Trends

Median Price

RM 350,000

RM 232 PSF

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.

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TAMAN MERAK, Seberang Perai Selatan, Penang

OSM

Track location

Transactions

69 transactions grouped by size

1,000 sqft
RM 228,000
LORONG MERAK 42
1,001 sqft · RM 228 PSF
RM 300,000
LORONG MERAK 33
1,001 sqft · RM 300 PSF
RM 285,000
LORONG MERAK 17
1,001 sqft · RM 285 PSF
RM 290,000
LORONG MERAK 37
1,001 sqft · RM 290 PSF
RM 291,000
LORONG MERAK 20
1,001 sqft · RM 291 PSF
RM 255,000
LORONG MERAK 42
1,001 sqft · RM 255 PSF
1,050 sqft
RM 300,000
JALAN MERAK 4
1,033 sqft · RM 290 PSF
RM 290,000
LORONG MERAK 24
1,044 sqft · RM 278 PSF
RM 290,000
JALAN MERAK 4
1,033 sqft · RM 281 PSF
RM 280,000
LORONG MERAK 39
1,044 sqft · RM 268 PSF
1,100 sqft
RM 230,000
LORONG MERAK 60
1,098 sqft · RM 209 PSF
RM 300,000
LORONG 27
1,098 sqft · RM 273 PSF
1,200 sqft
RM 290,000
LORONG MERAK 65
1,195 sqft · RM 243 PSF
RM 230,000
LORONG MERAK 65
1,195 sqft · RM 193 PSF
RM 280,000
JALAN MERAK 2
1,206 sqft · RM 232 PSF
RM 255,000
LORONG MERAK 65
1,195 sqft · RM 213 PSF
RM 240,000
JALAN MERAK 2
1,195 sqft · RM 201 PSF
RM 275,000
LORONG MERAK 65
1,195 sqft · RM 230 PSF
1,500 sqft
Single Storey Terraced
RM 300,000
LORONG MERAK 5
1,507 sqft · RM 199 PSF
RM 180,000
LORONG MERAK 2
1,507 sqft · RM 119 PSF
1,550 sqft
Double Storey Shop
RM 272,000
LORONG SIMPANG AMPAT 1
1,528 sqft · RM 178 PSF
1,650 sqft
Single Storey Terraced
RM 290,000
LORONG. MERAK 30
1,658 sqft · RM 175 PSF
RM 270,000
LORONG MERAK 24
1,668 sqft · RM 162 PSF
2,100 sqft
Low-Cost House
RM 240,000
LORONG MERAK 4
2,110 sqft · RM 114 PSF
2,350 sqft
Low-Cost House
RM 180,000
LORONG MERAK 16
2,357 sqft · RM 76 PSF
2,500 sqft
Low-Cost House
RM 250,000
LORONG MERAK 2
2,476 sqft · RM 101 PSF

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There are currently no properties listed for sale in this area.

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