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Penang, Seberang Perai Selatan, 14

TAMAN MERPATI INDAH

Area Intelligence
Median Price
RM 475,000
PSF: RM 192
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Residential PSF Trends

Median Price

RM 475,000

PSF: RM 192

TAMAN MERPATI INDAH in Seberang Perai Selatan, Penang recorded 8 subsale transactions between 2021 and 2025, with a median price of RM 475K and a median price per square foot (PSF) of RM 192.

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 475K, with most transactions falling within a stable range of RM 321K to RM 629K, and a typical market range of RM 274K to RM 650K.

Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.

Price per square foot shows a median of RM 192, though individual units vary from RM 154 to RM 231 in the core range. The broader market spans RM 142.88 to RM 241.13, indicating diverse property characteristics. The spread of RM 98.25 (IQR) and deviation of RM 39 (MAD) suggest moderate price variations reflecting different property features.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN MERPATI INDAH, Seberang Perai Selatan, Penang

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Transactions

8 transactions grouped by size

View Type

Grouped View Individual View
600 sqft
Flat
RM 110,000
Level 1
624 sqft · RM 176 PSF
RM 130,000
Level 2
624 sqft · RM 208 PSF
RM 90,000
Level 1
624 sqft · RM 144 PSF
1,200 sqft
Double Storey Terraced
RM 480,000
LORONG MERPATI INDAH 5
1,195 sqft · RM 402 PSF
RM 470,000
LORONG MERPATI INDAH 3
1,195 sqft · RM 393 PSF
2,250 sqft
Double Storey Terraced
RM 500,000
LORONG MERPATI INDAH 1
2,260 sqft · RM 221 PSF
3,500 sqft
Double Storey Semi-D
RM 608,000
LORONG MERPATI INDAH 1
3,509 sqft · RM 173 PSF
4,800 sqft
Double Storey Semi-D
RM 650,000
LORONG MERPATI INDAH 1
4,811 sqft · RM 135 PSF

No Properties For Sale

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

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