Taman Merak
Lorong Merak 14, Taman Merak, 14100 Simpang Ampat, Pulau Pinang, Malaysia
Lorong Merak 14, Taman Merak, 14100 Simpang Ampat, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 5
|
RM 99,000
|
RM 184
|
538 sqft
|
|
|
|
Level 2
|
RM 140,000
|
RM 260
|
538 sqft
|
|
|
Lorong Merak 34
|
RM 280,000
|
RM 280
|
1,001 sqft
|
|
|
|
Lorong Merak 3
|
RM 320,000
|
RM 320
|
1,001 sqft
|
|
|
|
Lorong Merak 23
|
RM 320,000
|
RM 316
|
1,012 sqft
|
|
|
|
Lorong Merak 35
|
RM 272,000
|
RM 272
|
1,001 sqft
|
|
|
|
Lorong. Merak 37
|
RM 328,000
|
RM 328
|
1,001 sqft
|
|
|
Jalan Merak 4
|
RM 350,000
|
RM 339
|
1,033 sqft
|
|
|
Lorong Kendi 8
|
RM 750,000
|
RM 474
|
1,582 sqft
|
|
|
Lorong Merak 30
|
RM 330,000
|
RM 200
|
1,647 sqft
|
|
|
Lorong Simpang Ampat 1
|
RM 470,000
|
RM 208
|
2,260 sqft
|
|
|
Jalan Paboi
|
RM 600,000
|
RM 228
|
2,626 sqft
|
|
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Market Snapshot
RM 320,000
RM 298 psfMedian transaction price
RM 535,000
RM 218 psfMedian transaction price
Lorong Merak 14, Taman Merak, 14100 Simpang Ampat, Pulau Pinang, Malaysia
MapsTaman Merak in Seberang Perai Selatan, Penang recorded 12 subsale transactions between 2021 and 2026, with a median price of RM 324K and a median price per square foot (PSF) of RM 276.
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 324K, with most transactions falling within a stable range of RM 151K to RM 497K, and a typical market range of RM 284K to RM 364K.
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 276, though individual units vary from RM 200 to RM 352 in the core range. The broader market spans RM 234.50 to RM 317.50, indicating diverse property characteristics. A wider spread (IQR: RM 83.00) and deviation (MAD: RM 76) 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.