TAMAN MERAK

TAMAN MERAK in Seberang Perai Selatan, Penang recorded 8 subsale transactions between 2021 and 2025, with a median price of RM 70K and a median price per square foot (PSF) of RM 130.

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.

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 130, with most transactions between RM 130 and RM 130. The usual range is RM 86.50 to RM 173.50, showing that most units are priced quite close to each other. With an IQR of RM 87.00 and MAD of RM 0, the PSF demonstrates reasonable consistency across the market.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.