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
|
|
|
|
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 35
|
RM 272,000
|
RM 272
|
1,001 sqft
|
|
Terrace |
|
Lorong Merak 33
|
RM 300,000
|
RM 300
|
1,001 sqft
|
|
Terrace |
|
Lorong Merak 42
|
RM 228,000
|
RM 228
|
1,001 sqft
|
|
Terrace |
|
Lorong Merak 17
|
RM 285,000
|
RM 285
|
1,001 sqft
|
|
LC House |
|
Lorong Merak 37
|
RM 290,000
|
RM 290
|
1,001 sqft
|
|
Terrace |
|
Jalan Merak 4
|
RM 300,000
|
RM 290
|
1,033 sqft
|
|
Terrace |
|
Lorong Merak 24
|
RM 290,000
|
RM 278
|
1,044 sqft
|
|
LC House |
|
Jalan Merak 4
|
RM 290,000
|
RM 281
|
1,033 sqft
|
|
Terrace |
|
Lorong Merak 39
|
RM 280,000
|
RM 268
|
1,044 sqft
|
|
LC House |
|
Lorong Merak 60
|
RM 230,000
|
RM 209
|
1,098 sqft
|
|
Terrace |
|
Lorong 27
|
RM 300,000
|
RM 273
|
1,098 sqft
|
|
LC House |
|
Lorong Merak 5
|
RM 300,000
|
RM 199
|
1,507 sqft
|
|
|
|
Lorong Merak 2
|
RM 180,000
|
RM 119
|
1,507 sqft
|
|
|
Lorong Merak 24
|
RM 270,000
|
RM 162
|
1,668 sqft
|
|
|
|
Lorong. Merak 30
|
RM 290,000
|
RM 175
|
1,658 sqft
|
|
|
Lorong Merak 4
|
RM 240,000
|
RM 114
|
2,110 sqft
|
|
|
Lorong Merak 65
|
RM 290,000
|
RM 128
|
2,260 sqft
|
|
|
|
Lorong Merak 65
|
RM 230,000
|
RM 102
|
2,260 sqft
|
|
|
|
Lorong Merak 65
|
RM 255,000
|
RM 113
|
2,260 sqft
|
|
|
|
Lorong Merak 65
|
RM 275,000
|
RM 122
|
2,260 sqft
|
|
|
Lorong Merak 16
|
RM 180,000
|
RM 76
|
2,357 sqft
|
|
|
Lorong Merak 2
|
RM 250,000
|
RM 101
|
2,476 sqft
|
|
LC House |
|
Lorong Simpang Ampat 1
|
RM 272,000
|
RM 108
|
2,519 sqft
|
|
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Market Snapshot
RM 260,000
RM 255 psfMedian transaction price
RM 272,000
RM 122 psfMedian transaction price
Lorong Merak 14, Taman Merak, 14100 Simpang Ampat, Pulau Pinang, Malaysia
MapsTaman Merak in Seberang Perai Selatan, Penang recorded 80 subsale transactions between 2021 and 2026, priced up to RM 300K, with a median price of RM 260K and a median price per square foot (PSF) of RM 250.
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 260K, with most transactions falling within a stable range of RM 197K to RM 300K, and a typical market range of RM 220K to RM 300K.
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 250, though individual units vary from RM 185 to RM 315 in the core range. The broader market spans RM 208.24 to RM 291.24, indicating diverse property characteristics. A wider spread (IQR: RM 83.00) and deviation (MAD: RM 65) 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.