LIST

Penang, Seberang Perai Selatan, 14

TAMAN MERAK

Area Intelligence
2024
Median Price
RM 530,000
PSF: RM 187
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Residential PSF Trends

Median Price

RM 360,000

PSF: RM 171

Commercial PSF Trends

Median Price

RM 680,000

RM 296 PSF

TAMAN MERAK in Seberang Perai Selatan, Penang recorded 3 subsale transactions in 2024, with a median price of RM 530K and a median price per square foot (PSF) of RM 187.

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 530K, with most transactions falling within a stable range of RM 360K to RM 724K, and a typical market range of RM 493K to RM 568K.

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 187, though individual units vary from RM 81 to RM 293 in the core range. The broader market spans RM 143.50 to RM 230.50, indicating diverse property characteristics. A wider spread (IQR: RM 87.00) and deviation (MAD: RM 106) 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

Track location

Transactions

3 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
2,050 sqft
3-Storey Shop
RM 830,000
JALAN SIMPANG AMPAT
2,056 sqft · RM 404 PSF
2,100 sqft
Single Storey Terraced
RM 360,000
LORONG MERAK 5
2,110 sqft · RM 171 PSF
2,850 sqft
Double Storey Shop
RM 530,000
LORONG MERAK 47
2,842 sqft · RM 187 PSF

No Properties For Sale

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

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