LIST

Penang, Seberang Perai Selatan, 14

TAMAN MERAK

Area Intelligence
2021
Median Price
RM 290,000
PSF: RM 258
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Residential PSF Trends

Median Price

RM 290,000

PSF: RM 258

Commercial PSF Trends

Median Price

RM 350,000

RM 232 PSF

TAMAN MERAK in Seberang Perai Selatan, Penang recorded 8 subsale transactions in 2021, with a median price of RM 290K and a median price per square foot (PSF) of RM 258.

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 290K, with most transactions falling within a stable range of RM 236K to RM 344K, and a typical market range of RM 253K to RM 328K.

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 258, though individual units vary from RM 194 to RM 321 in the core range. The broader market spans RM 214.00 to RM 301.00, indicating diverse property characteristics. The spread of RM 87.00 (IQR) and deviation of RM 63 (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. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN MERAK, Seberang Perai Selatan, Penang

OSM

Track location

Transactions

8 transactions grouped by size

View Type

Grouped View Individual View

Property Type

All Types
Categories
Residential Commercial
Specific Types
Single Storey Semi-D Single Storey Shop Single Storey Terraced Double Storey Semi-D Double Storey Shop Double Storey Terraced 3-Storey Shop 4-Storey Shop 5-Storey Shop 6-Storey Shop Cluster House Condo/Apartment Bungalow Detached Factory Flat Industrial Unit Low-Cost Flat Low-Cost House Office Lot SOHO/SOFO/SOVO Semi-D Factory Service Apartment Shop/Retail Lot Terraced Factory Town House

Year

All Years 2025 2024 2023 2022 2021
Popular Ranges
Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+
Custom Range
Clear

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
Custom Range
Clear
1,000 sqft
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 310,000
LORONG MERAK 17
1,001 sqft · RM 310 PSF
RM 310,000
LORONG MERAK 17
1,001 sqft · RM 310 PSF
1,050 sqft
Low-Cost House
RM 280,000
LORONG MERAK 39
1,044 sqft · RM 268 PSF
1,100 sqft
Low-Cost House
RM 300,000
LORONG 27
1,098 sqft · RM 273 PSF
1,500 sqft
Single Storey Terraced
RM 180,000
LORONG MERAK 2
1,507 sqft · RM 119 PSF
2,150 sqft
Single Storey Terraced
RM 360,000
LORONG MERAK 27
2,131 sqft · RM 169 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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