TAMAN MERAK

TAMAN MERAK in Seberang Perai Selatan, Penang recorded 9 subsale transactions between 2021 and 2025, with a median price of RM 360K and a median price per square foot (PSF) of RM 171.

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 360K, with most transactions falling within a stable range of RM 180K to RM 543K, and a typical market range of RM 323K to RM 398K.

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 171, though individual units vary from RM 81 to RM 261 in the core range. The broader market spans RM 127.50 to RM 214.50, indicating diverse property characteristics. A wider spread (IQR: RM 87.00) and deviation (MAD: RM 90) indicate significant PSF variations, likely due to diverse property types or conditions.

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. Limited transaction history suggests carefully evaluating comparable sales data.