Taman Merak
Hot Area · Top 1%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
|
|
|
|
Level 1
|
RM 60,000
|
RM 111
|
538 sqft
|
|
|
|
Level 4
|
RM 52,000
|
RM 97
|
538 sqft
|
|
|
|
Level G
|
RM 110,000
|
RM 204
|
538 sqft
|
|
|
|
Level 4
|
RM 53,000
|
RM 98
|
538 sqft
|
|
|
|
Level 4
|
RM 53,000
|
RM 98
|
538 sqft
|
|
|
|
Level 2
|
RM 80,000
|
RM 149
|
538 sqft
|
|
|
Jalan Merak 2
|
RM 280,000
|
RM 325
|
861 sqft
|
|
|
|
Jalan Merak 2
|
RM 240,000
|
RM 279
|
861 sqft
|
|
|
Lorong Merak 34
|
RM 280,000
|
RM 280
|
1,001 sqft
|
|
Terrace |
|
Lorong Merak 3
|
RM 320,000
|
RM 320
|
1,001 sqft
|
|
Terrace |
|
Lorong Merak 23
|
RM 320,000
|
RM 316
|
1,012 sqft
|
|
Terrace |
|
Lorong Merak 35
|
RM 272,000
|
RM 272
|
1,001 sqft
|
|
Terrace |
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Market Snapshot
RM 280,000
RM 270 psfMedian transaction price
RM 420,000
RM 243 psfMedian transaction price
Lorong Merak 14, Taman Merak, 14100 Simpang Ampat, Pulau Pinang, Malaysia
MapsTaman 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 277.
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 277, with core pricing between RM 231 and RM 323. Market pricing typically extends from RM 235.23 to RM 318.23, 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.