Pusat Perniagaan Taman Merak

42, Lorong Belibis 28, Taman Tangling, 14100 Simpang Ampat, Pulau Pinang, Malaysia

Property Transactions

4 subsales grouped by size

Median
RM 485,000
PSF
RM 206
Price Size
Period
transactions middle 50% (P25–P75)
2,100 sqft
2-Sty Shop
RM 350,000
Lorong Simpang Ampat 1
2,120 sqft · RM 165 PSF
2,200 sqft
2-Sty Shop
RM 470,000
Lorong Spg Ampat 1
2,207 sqft · RM 213 PSF
2,500 sqft
2-Sty Shop
RM 755,000
Jalan Kendi
2,519 sqft · RM 300 PSF
RM 500,000
Lorong Kendi 7
2,519 sqft · RM 199 PSF
Legend Recent Highest Price Highest PSF

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Pusat Perniagaan Taman Merak
© OpenStreetMap · CARTO

42, Lorong Belibis 28, Taman Tangling, 14100 Simpang Ampat, Pulau Pinang, Malaysia

Maps

Pusat Perniagaan Taman Merak in Seberang Perai Selatan, Penang recorded 4 subsale transactions between 2021 and 2026, with a median price of RM 485K and a median price per square foot (PSF) of RM 206.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 485K, with most transactions falling within a stable range of RM 350K to RM 632K, and a typical market range of RM 423K to RM 547K.

Most transactions involved 2 - 2 1/2 storey shop, with minimal variety in property types.

Price per square foot shows a median of RM 206, though individual units vary from RM 156 to RM 255 in the core range. The broader market spans RM 170.64 to RM 240.89, indicating diverse property characteristics. The spread of RM 70.25 (IQR) and deviation of RM 50 (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.