LIST

Penang, Seberang Perai Selatan, 14

TAMAN MERAK

Area Intelligence
2023
Median Price
RM 290,000
PSF: RM 280
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Residential PSF Trends

Median Price

RM 290,000

PSF: RM 280

Commercial PSF Trends

Median Price

RM 320,000

RM 268 PSF

TAMAN MERAK in Seberang Perai Selatan, Penang recorded 36 subsale transactions in 2023, with a median price of RM 290K and a median price per square foot (PSF) of RM 280.

This area contains both residential and commercial properties. View 94 residential properties or 15 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 290K, with most transactions falling within a stable range of RM 204K to RM 376K, and a typical market range of RM 253K to RM 328K.

Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.

Price per square foot shows a median of RM 280, though individual units vary from RM 217 to RM 343 in the core range. The broader market spans RM 236.50 to RM 323.50, indicating diverse property characteristics. The spread of RM 87.00 (IQR) and deviation of RM 63 (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. Moderate transaction volume may require patience when buying or selling.

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TAMAN MERAK, Seberang Perai Selatan, Penang

OSM

Track location

Transactions

36 transactions found

View Type

Grouped View Individual View

Property Type

All Types
Categories
Residential Commercial
Specific Types
Single Storey Semi-D Single Storey Shop Single Storey Terraced Double Storey Semi-D Double Storey Shop Double Storey Terraced 3-Storey Shop 4-Storey Shop 5-Storey Shop 6-Storey Shop Cluster House Condo/Apartment Bungalow Detached Factory Flat Industrial Unit Low-Cost Flat Low-Cost House Office Lot SOHO/SOFO/SOVO Semi-D Factory Service Apartment Shop/Retail Lot Terraced Factory Town House

Year

All Years 2025 2024 2023 2022 2021
Popular Ranges
Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+
Custom Range
Clear

Size Range (sqft)

Popular Ranges
Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft
Custom Range
Clear
RM 290,000
LORONG MERAK 24
1,044 sqft • RM 278.00 PSF
RM 480,000
LORONG KENDI 8
1,195 sqft • RM 402.00 PSF
RM 320,000
LORONG MERAK 5
1,001 sqft • RM 320.00 PSF
RM 300,000
LORONG MERAK 12
1,001 sqft • RM 300.00 PSF
RM 300,000
LORONG MERAK 23
1,001 sqft • RM 300.00 PSF
RM 250,000
LORONG MERAK 4
1,001 sqft • RM 250.00 PSF
RM 53,000
Level 4
538 sqft • RM 98.00 PSF
RM 275,000
LORONG MERAK 6
1,001 sqft • RM 275.00 PSF
RM 350,000
LORONG SIMPANG AMPAT 1
1,195 sqft • RM 293.00 PSF
RM 290,000
LORONG MERAK 65
1,195 sqft • RM 243.00 PSF
RM 280,000
LORONG MERAK 25
1,001 sqft • RM 280.00 PSF
RM 438,000
JALAN MERAK 2
1,195 sqft • RM 367.00 PSF
RM 350,000
LORONG MERAK 61
1,098 sqft • RM 319.00 PSF
RM 290,000
JALAN MERAK 4
1,033 sqft • RM 281.00 PSF
RM 80,000
Level 2
538 sqft • RM 149.00 PSF
RM 230,000
LORONG MERAK 65
1,195 sqft • RM 193.00 PSF
RM 355,000
LORONG MERAK 21
1,012 sqft • RM 351.00 PSF
RM 299,000
LORONG MERAK 25
1,001 sqft • RM 299.00 PSF
RM 270,000
LORONG MERAK 23
1,001 sqft • RM 270.00 PSF
RM 310,000
LORONG MERAK 1
1,001 sqft • RM 310.00 PSF
RM 290,000
LORONG MERAK 23
1,001 sqft • RM 290.00 PSF
RM 440,000
LORONG KENDI
1,195 sqft • RM 368.00 PSF
RM 260,000
LORONG MERAK 5
1,001 sqft • RM 260.00 PSF
RM 395,000
LORONG MERAK 4
2,174 sqft • RM 182.00 PSF
RM 259,000
LORONG MERAK 40
1,001 sqft • RM 259.00 PSF
RM 273,000
LORONG MERAK 1
1,012 sqft • RM 270.00 PSF
RM 300,000
LORONG MERAK 11
1,001 sqft • RM 300.00 PSF
RM 280,000
LORONG. MERAK 47
1,001 sqft • RM 280.00 PSF
RM 250,000
LORONG MERAK 6
1,001 sqft • RM 250.00 PSF
RM 360,000
LORONG MERAK 2
1,701 sqft • RM 212.00 PSF
RM 250,000
LORONG MERAK 21
1,012 sqft • RM 247.00 PSF
RM 450,000
LORONG KENDI 8
1,195 sqft • RM 377.00 PSF
RM 200,000
LORONG MERAK 47
1,001 sqft • RM 200.00 PSF
RM 280,000
JALAN MERAK 2
1,206 sqft • RM 232.00 PSF
RM 420,000
JALAN KENDI
1,195 sqft • RM 352.00 PSF
RM 280,000
LORONG. MERAK 2
990 sqft • RM 283.00 PSF

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There are currently no properties listed for sale in this area.

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