TAMAN MERAK

Area Intelligence
Median Price
RM 405,000
PSF: RM 339

Residential PSF Trends

Median Price

RM 445,000

PSF: RM 373

Commercial PSF Trends

Median Price

RM 285,000

RM 238 PSF

TAMAN MERAK in Seberang Perai Selatan, Penang recorded 16 subsale transactions between 2021 and 2025, with a median price of RM 405K and a median price per square foot (PSF) of RM 339.

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 405K, with most transactions falling within a stable range of RM 302K to RM 508K, and a typical market range of RM 368K to RM 443K.

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 339, though individual units vary from RM 253 to RM 425 in the core range. The broader market spans RM 295.50 to RM 382.50, indicating diverse property characteristics. A wider spread (IQR: RM 87.00) and deviation (MAD: RM 86) indicate significant PSF variations, likely due to diverse property types or conditions.

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.

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TAMAN MERAK, Seberang Perai Selatan, Penang

OSM

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Transactions

16 transactions found

RM 480,000
LORONG KENDI 8
1,195 sqft RM 402.00 PSF
RM 438,000
JALAN MERAK 2
1,195 sqft RM 367.00 PSF
RM 290,000
LORONG MERAK 65
1,195 sqft RM 243.00 PSF
RM 350,000
LORONG SIMPANG AMPAT 1
1,195 sqft RM 293.00 PSF
RM 230,000
LORONG MERAK 65
1,195 sqft RM 193.00 PSF
RM 440,000
LORONG KENDI
1,195 sqft RM 368.00 PSF
RM 450,000
LORONG KENDI 8
1,195 sqft RM 377.00 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 255,000
LORONG MERAK 65
1,195 sqft RM 213.00 PSF
RM 600,000
JALAN KENDI
1,195 sqft RM 502.00 PSF
RM 240,000
JALAN MERAK 2
1,195 sqft RM 201.00 PSF
RM 422,000
LORONG KENDI 4
1,195 sqft RM 353.00 PSF
RM 465,000
LORONG KENDI 6
1,195 sqft RM 389.00 PSF
RM 275,000
LORONG MERAK 65
1,195 sqft RM 230.00 PSF
RM 390,000
LORONG KENDI 6
1,195 sqft RM 326.00 PSF

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

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