TAMAN MERAK

Area Intelligence
Single Storey Terraced
Median Price
RM 280,000
PSF: RM 270

Residential PSF Trends

Median Price

RM 280,000

PSF: RM 270

Commercial PSF Trends

Median Price

RM 350,000

RM 232 PSF

TAMAN MERAK in Seberang Perai Selatan, Penang recorded 61 Single Storey Terraced properties subsale transactions between 2021 and 2025 for single storey terraced properties, with a median price of RM 280K and a median price per square foot (PSF) of RM 270.

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 280K, with most transactions falling within a stable range of RM 237K to RM 323K, and a typical market range of RM 243K to RM 318K.

Within the Single Storey Terraced category, 1 - 1 1/2 storey terraced dominated the market, with high diversity across multiple property types.

The median PSF stands at RM 270, with core pricing between RM 221 and RM 319. Market pricing typically extends from RM 226.50 to RM 313.50, reflecting moderate variation in unit pricing. The spread of RM 87.00 (IQR) and deviation of RM 49 (MAD) suggest moderate price variations reflecting different property features.

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. Moderate transaction volume may require patience when buying or selling.

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TAMAN MERAK, Seberang Perai Selatan, Penang

OSM

Track location

Transactions

61 transactions grouped by size

1,000 sqft
Single Storey Terraced
RM 330,000
LORONG MERAK 37
1,001 sqft · RM 330 PSF
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 325,000
JALAN. MERAK 1
1,001 sqft · RM 325 PSF
RM 330,000
LORONG MERAK 10
1,001 sqft · RM 330 PSF
RM 290,000
LORONG MERAK 37
1,001 sqft · RM 290 PSF
1,050 sqft
Single Storey Terraced
RM 300,000
JALAN MERAK 4
1,033 sqft · RM 290 PSF
RM 290,000
JALAN MERAK 4
1,033 sqft · RM 281 PSF
1,100 sqft
Single Storey Terraced
RM 350,000
LORONG MERAK 61
1,098 sqft · RM 319 PSF
RM 230,000
LORONG MERAK 60
1,098 sqft · RM 209 PSF
1,500 sqft
Single Storey Terraced
RM 300,000
LORONG MERAK 5
1,507 sqft · RM 199 PSF
RM 180,000
LORONG MERAK 2
1,507 sqft · RM 119 PSF
1,550 sqft
Single Storey Terraced
RM 380,000
LORONG MERAK 5
1,572 sqft · RM 242 PSF
1,650 sqft
Single Storey Terraced
RM 270,000
LORONG MERAK 24
1,668 sqft · RM 162 PSF
RM 290,000
LORONG. MERAK 30
1,658 sqft · RM 175 PSF
1,700 sqft
Single Storey Terraced
RM 360,000
LORONG MERAK 2
1,701 sqft · RM 212 PSF
2,100 sqft
Single Storey Terraced
RM 360,000
LORONG MERAK 5
2,110 sqft · RM 171 PSF
2,150 sqft
Single Storey Terraced
RM 360,000
LORONG MERAK 27
2,131 sqft · RM 169 PSF

No Properties For Sale

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

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