TAMAN MERPATI INDAH in Seberang Perai Selatan, Penang recorded 3 subsale transactions between 2021 and 2025, with a median price of RM 608K and a median price per square foot (PSF) of RM 173.
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 608K, with most transactions falling within a stable range of RM 454K to RM 762K, and a typical market range of RM 407K to RM 809K.
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 173, though individual units vary from RM 135 to RM 212 in the core range. The broader market spans RM 123.88 to RM 222.13, 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.
