TAMAN MERAK

Area Intelligence

Median Price

RM 405,000

PSF: RM 339

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Residential PSF Trends

Median Price

RM 445,000

PSF: RM 373

Commercial PSF Trends

Median Price

RM 285,000

RM 238 PSF

TAMAN MERAK in Seberang Perai Selatan, Penang recorded 16 subsale transactions between 2021 and 2025, with a median price of RM 405K and a median price per square foot (PSF) of RM 339.

This area contains both residential and commercial properties. View 94 residential properties or 15 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 405K, with most transactions falling within a stable range of RM 302K to RM 508K, and a typical market range of RM 368K to RM 443K.

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 339, though individual units vary from RM 253 to RM 425 in the core range. The broader market spans RM 295.50 to RM 382.50, indicating diverse property characteristics. A wider spread (IQR: RM 87.00) and deviation (MAD: RM 86) indicate significant PSF variations, likely due to diverse property types or conditions.

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. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN MERAK, Seberang Perai Selatan, Penang

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Transactions

16 transactions grouped by size

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

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Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

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Road	Price	Land PSF	Land	Date	Type

1,200 sqft

RM 480,000

LORONG KENDI 8

1,195 sqft · RM 402 PSF

Dec 2023

RM 438,000

JALAN MERAK 2

1,195 sqft · RM 367 PSF

Oct 2023

RM 290,000

LORONG MERAK 65

1,195 sqft · RM 243 PSF

Oct 2023

RM 350,000

LORONG SIMPANG AMPAT 1

1,195 sqft · RM 293 PSF

Oct 2023

RM 230,000

LORONG MERAK 65

1,195 sqft · RM 193 PSF

Aug 2023

RM 440,000

LORONG KENDI

1,195 sqft · RM 368 PSF

Jun 2023

LORONG KENDI 8	RM 480,000	RM 402	1,195 sqft	Dec 2023	Double Storey Terraced
JALAN MERAK 2	RM 438,000	RM 367	1,195 sqft	Oct 2023	Double Storey Shop
LORONG MERAK 65	RM 290,000	RM 243	1,195 sqft	Oct 2023	Double Storey Shop
LORONG SIMPANG AMPAT 1	RM 350,000	RM 293	1,195 sqft	Oct 2023	Double Storey Shop
LORONG MERAK 65	RM 230,000	RM 193	1,195 sqft	Aug 2023	Double Storey Shop
LORONG KENDI	RM 440,000	RM 368	1,195 sqft	Jun 2023	Double Storey Terraced