Taman Merak

Lorong Merak 14, Taman Merak, 14100 Simpang Ampat, Pulau Pinang, Malaysia

Property Transactions

35 subsales grouped by size

Median
RM 320,000
PSF
RM 272
Price Size
Period
transactions middle 50% (P25–P75)
550 sqft
LC Flat
RM 99,000
Level 5
538 sqft · RM 184 PSF
RM 140,000
Level 2
538 sqft · RM 260 PSF
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 280,000
Lorong Merak 34
1,001 sqft · RM 280 PSF
RM 320,000
Lorong Merak 3
1,001 sqft · RM 320 PSF
RM 272,000
Lorong Merak 35
1,001 sqft · RM 272 PSF
RM 320,000
Lorong Merak 23
1,012 sqft · RM 316 PSF
RM 328,000
Lorong. Merak 37
1,001 sqft · RM 328 PSF
RM 330,000
Lorong Merak 37
1,001 sqft · RM 330 PSF
+14 more
1,050 sqft
Terrace
RM 350,000
Jalan Merak 4
1,033 sqft · RM 339 PSF
1,500 sqft
LC House
RM 325,000
Lorong Merak 5
1,496 sqft · RM 217 PSF
1,550 sqft
Terrace
RM 380,000
Lorong Merak 5
1,572 sqft · RM 242 PSF
1,600 sqft
2-Sty Terrace
RM 750,000
Lorong Kendi 8
1,582 sqft · RM 474 PSF
1,650 sqft
Terrace
RM 330,000
Lorong Merak 30
1,647 sqft · RM 200 PSF
2,100 sqft
Terrace
RM 360,000
Lorong Merak 5
2,110 sqft · RM 171 PSF
2,250 sqft
2-Sty Shop
RM 470,000
Lorong Simpang Ampat 1
2,260 sqft · RM 208 PSF
RM 530,000
Lorong Merak 47
2,260 sqft · RM 234 PSF
2,650 sqft
2-Sty Shop
RM 600,000
Jalan Paboi
2,626 sqft · RM 228 PSF
5,950 sqft
3-Sty Shop
RM 830,000
Jalan Simpang Ampat
5,974 sqft · RM 139 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

RM 300,000

RM 285 psf

Median transaction price

RM 565,000

RM 218 psf

Median transaction price

Taman Merak
© OpenStreetMap · CARTO

Lorong Merak 14, Taman Merak, 14100 Simpang Ampat, Pulau Pinang, Malaysia

Maps

Taman Merak in Seberang Perai Selatan, Penang recorded 35 subsale transactions between 2021 and 2026, with a median price of RM 320K and a median price per square foot (PSF) of RM 272.

This area contains both residential and commercial properties. View 104 residential properties or 17 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 320K, with most transactions falling within a stable range of RM 160K to RM 480K, and a typical market range of RM 280K to RM 360K.

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 272, though individual units vary from RM 199 to RM 345 in the core range. The broader market spans RM 230.50 to RM 313.50, indicating diverse property characteristics. A wider spread (IQR: RM 83.00) and deviation (MAD: RM 73) 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. Moderate transaction volume may require patience when buying or selling.