Penang
Seberang Perai Selatan
14
TAMAN MERPATI INDAH

TAMAN MERPATI INDAH

Area Intelligence

Flat

Median Price

RM 110,000

PSF: RM 176

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Residential PSF Trends

Median Price

RM 110,000

PSF: RM 176

TAMAN MERPATI INDAH in Seberang Perai Selatan, Penang recorded 3 Flat properties subsale transactions between 2021 and 2025 for flat properties, with a median price of RM 110K and a median price per square foot (PSF) of RM 176.

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 110K, with most transactions falling within a stable range of RM 94K to RM 126K, and a typical market range of RM 90K to RM 130K.

Within the Flat category, 2 - 2 1/2 storey terraced dominated the market, with high diversity across multiple property types.

The median PSF stands at RM 176, with core pricing between RM 150 and RM 202. Market pricing typically extends from RM 126.88 to RM 225.13, reflecting moderate variation in unit pricing. With an IQR of RM 98.25 and MAD of RM 26, 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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