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 326K to RM 634K, and a typical market range of RM 279K to RM 681K.

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

For price per square foot, the median is RM 393, with most transactions between RM 355 and RM 432. The usual range is RM 343.88 to RM 442.13, showing that most units are priced quite close to each other. With an IQR of RM 98.25 and MAD of RM 39, the PSF demonstrates reasonable consistency across the market.

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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