Taman Merak

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

Property Transactions

121 subsales found

Period
transactions middle 50% (P25–P75)
RM 240,000
Lorong Merak 9
1,001 sqft RM 240 PSF
RM 250,000
Lorong Merak 37
1,001 sqft RM 250 PSF
RM 420,000
Lorong Simpang Ampat 1
4,176 sqft RM 101 PSF
RM 465,000
Lorong Kendi 6
1,582 sqft RM 294 PSF
RM 270,000
Lorong. Merak 37
1,001 sqft RM 270 PSF
RM 270,000
Lorong Merak 24
1,668 sqft RM 162 PSF
RM 290,000
Lorong. Merak 30
1,658 sqft RM 175 PSF
RM 700,000
Jalan Kendi
2,519 sqft RM 278 PSF
RM 160,000
Lorong Merak 16
1,001 sqft RM 160 PSF
RM 280,000
Lorong Merak 6
1,001 sqft RM 280 PSF
RM 275,000
Lorong Merak 65
2,260 sqft RM 122 PSF
RM 272,000
Lorong Simpang Ampat 1
2,519 sqft RM 108 PSF
RM 390,000
Lorong Kendi 6
1,582 sqft RM 246 PSF
RM 220,000
Lorong Merak 1
1,001 sqft RM 220 PSF
RM 250,000
Lorong Merak 1
1,012 sqft RM 247 PSF
RM 180,000
Lorong Merak 2
1,507 sqft RM 119 PSF
RM 310,000
Lorong Merak 17
1,001 sqft RM 310 PSF
RM 300,000
Lorong 27
1,098 sqft RM 273 PSF
RM 310,000
Lorong Merak 17
1,001 sqft RM 310 PSF
RM 280,000
Lorong Merak 39
1,044 sqft RM 268 PSF
RM 360,000
Lorong Merak 27
2,131 sqft RM 169 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

RM 280,000

RM 270 psf

Median transaction price

RM 420,000

RM 243 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 121 subsale transactions between 2021 and 2026, with a median price of RM 280K and a median price per square foot (PSF) of RM 260.

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 280K, with most transactions falling within a stable range of RM 240K to RM 320K, and a typical market range of RM 240K to RM 320K.

Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.

The median PSF stands at RM 260, with core pricing between RM 214 and RM 306. Market pricing typically extends from RM 218.23 to RM 301.23, reflecting moderate variation in unit pricing. The spread of RM 83.00 (IQR) and deviation of RM 46 (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. Steady transaction activity supports reliable market pricing.