Pusat Perniagaan Taman Merak

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

Property Transactions

2 subsales grouped by size

Median
RM 627,500
PSF
RM 249
Price Size
Period
transactions middle 50% (P25–P75)
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

Posts about Pusat Perniagaan Taman Merak

What’s happening in Pusat Perniagaan Taman Merak?

No posts about Pusat Perniagaan Taman Merak yet. Be the first to share what’s happening here.

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 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.