Pusat Perniagaan Taman Merak
42, Lorong Belibis 28, Taman Tangling, 14100 Simpang Ampat, Pulau Pinang, Malaysia
42, Lorong Belibis 28, Taman Tangling, 14100 Simpang Ampat, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Kendi
|
RM 755,000
|
RM 300
|
2,519 sqft
|
|
|
|
Lorong Kendi 7
|
RM 500,000
|
RM 199
|
2,519 sqft
|
|
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42, Lorong Belibis 28, Taman Tangling, 14100 Simpang Ampat, Pulau Pinang, Malaysia
MapsPusat Perniagaan Taman Merak in Seberang Perai Selatan, Penang recorded 2 subsale transactions in 2023, with a median price of RM 628K and a median price per square foot (PSF) of RM 249.
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 628K, with most transactions falling within a stable range of RM 500K to RM 755K, and a typical market range of RM 566K to RM 689K.
Most transactions involved 2 - 2 1/2 storey shop, with minimal variety in property types.
Price per square foot shows a median of RM 249, though individual units vary from RM 199 to RM 300 in the core range. The broader market spans RM 214.01 to RM 284.26, indicating diverse property characteristics. The spread of RM 70.25 (IQR) and deviation of RM 51 (MAD) suggest moderate price variations reflecting different property features.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.