LIST

Penang, Seberang Perai Selatan, 14

TAMAN MERAK

Area Intelligence
2024
Median Price
RM 297,500
PSF: RM 281
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Residential PSF Trends

Median Price

RM 293,000

PSF: RM 281

Commercial PSF Trends

Median Price

RM 680,000

RM 296 PSF

TAMAN MERAK in Seberang Perai Selatan, Penang recorded 28 subsale transactions in 2024, with a median price of RM 298K and a median price per square foot (PSF) of RM 281.

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 298K, with most transactions falling within a stable range of RM 206K to RM 300K, and a typical market range of RM 260K to RM 300K.

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 281, though individual units vary from RM 212 to RM 350 in the core range. The broader market spans RM 237.50 to RM 324.50, indicating diverse property characteristics. The spread of RM 87.00 (IQR) and deviation of RM 69 (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

17 transactions grouped by size

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
550 sqft
Low-Cost Flat
RM 60,000
Level 1
538 sqft · RM 111 PSF
RM 52,000
Level 4
538 sqft · RM 97 PSF
RM 110,000
Level G
538 sqft · RM 204 PSF
RM 53,000
Level 4
538 sqft · RM 98 PSF
1,000 sqft
RM 300,000
LORONG MERAK 33
1,001 sqft · RM 300 PSF
RM 228,000
LORONG MERAK 42
1,001 sqft · RM 228 PSF
RM 285,000
LORONG MERAK 17
1,001 sqft · RM 285 PSF
RM 290,000
LORONG MERAK 37
1,001 sqft · RM 290 PSF
RM 291,000
LORONG MERAK 20
1,001 sqft · RM 291 PSF
RM 255,000
LORONG MERAK 42
1,001 sqft · RM 255 PSF
View 6 more transactions
1,050 sqft
Single Storey Terraced
RM 300,000
JALAN MERAK 4
1,033 sqft · RM 290 PSF

No Properties For Sale

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

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