TAMAN MERAK in Seberang Perai Selatan, Penang recorded 9 subsale transactions between 2021 and 2025, with a median price of RM 360K and a median price per square foot (PSF) of RM 171.
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 360K, with most transactions falling within a stable range of RM 329K to RM 250K, and a typical market range of RM 323K to RM 250K.
Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.
For price per square foot, the median is RM 171, with most transactions between RM 155 and RM 187. The usual range is RM 127.50 to RM 214.50, showing that most units are priced quite close to each other. With an IQR of RM 87.00 and MAD of RM 16, the PSF demonstrates reasonable consistency across the market.
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.
