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 |
|---|
|
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
|
|
|
Jalan Merak 4
|
RM 350,000
|
RM 339
|
1,033 sqft
|
|
|
Lorong Simpang Ampat 1
|
RM 470,000
|
RM 208
|
2,260 sqft
|
|
|
Jalan Paboi
|
RM 600,000
|
RM 228
|
2,626 sqft
|
|
Unlock full transaction history
Sign up free to access all data for Taman Merak.
Posts about Taman Merak
No posts about Taman Merak yet. Be the first to share what’s happening here.
Promote your property to visitors of this page
Market Snapshot
RM 320,000
RM 316 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 7 subsale transactions between 2021 and 2026, with a median price of RM 320K and a median price per square foot (PSF) of RM 280.
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 272K to RM 431K, 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.
The median PSF stands at RM 280, with core pricing between RM 235 and RM 325. Market pricing typically extends from RM 238.50 to RM 321.50, reflecting moderate variation in unit pricing. The spread of RM 83.00 (IQR) and deviation of RM 45 (MAD) suggest moderate price variations reflecting different property features.
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.