Penang
Seberang Perai Selatan
14
TAMAN MERPATI INDAH

TAMAN MERPATI INDAH

Area Intelligence

Median Price

RM 480,000

PSF: RM 393

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Residential PSF Trends

Median Price

RM 480,000

PSF: RM 393

TAMAN MERPATI INDAH in Seberang Perai Selatan, Penang recorded 3 subsale transactions between 2021 and 2025, with a median price of RM 480K and a median price per square foot (PSF) of RM 393.

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 480K, with most transactions falling within a stable range of RM 470K to RM 492K, and a typical market range of RM 470K to RM 500K.

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 393, though individual units vary from RM 310 to RM 476 in the core range. The broader market spans RM 343.88 to RM 442.13, indicating diverse property characteristics. The spread of RM 98.25 (IQR) and deviation of RM 83 (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. Some price volatility exists, making thorough market research essential before transacting. 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

3 transactions found

Popular Ranges

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

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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

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RM 480,000

LORONG MERPATI INDAH 5

1,195 sqft • RM 402.00 PSF

Jun 2023

RM 470,000

LORONG MERPATI INDAH 3

1,195 sqft • RM 393.00 PSF

Apr 2023

RM 500,000

LORONG MERPATI INDAH 1

2,260 sqft • RM 221.00 PSF

Jun 2022

Road	Price	Land PSF	Land	Date	Type
LORONG MERPATI INDAH 5	RM 480,000	RM 402.00	1,195 sqft	Jun 2023	Double Storey Terraced
LORONG MERPATI INDAH 3	RM 470,000	RM 393.00	1,195 sqft	Apr 2023	Double Storey Terraced
LORONG MERPATI INDAH 1	RM 500,000	RM 221.00	2,260 sqft	Jun 2022	Double Storey Terraced