LIST

Penang, Seberang Perai Selatan, 14

TAMAN MERAK

Area Intelligence
2022
Median Price
RM 260,000
PSF: RM 237
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Residential PSF Trends

Median Price

RM 255,000

PSF: RM 242

Commercial PSF Trends

Median Price

RM 273,500

RM 222 PSF

TAMAN MERAK in Seberang Perai Selatan, Penang recorded 32 subsale transactions in 2022, with a median price of RM 260K and a median price per square foot (PSF) of RM 237.

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 260K, with most transactions falling within a stable range of RM 160K to RM 372K, and a typical market range of RM 223K to RM 298K.

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 237, though individual units vary from RM 155 to RM 318 in the core range. The broader market spans RM 193.00 to RM 280.00, indicating diverse property characteristics. A wider spread (IQR: RM 87.00) and deviation (MAD: RM 81) 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.

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TAMAN MERAK, Seberang Perai Selatan, Penang

OSM

Track location

Transactions

32 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 225,000
LORONG MERAK 6
1,001 sqft · RM 225 PSF
RM 224,000
LORONG MERAK 37
1,001 sqft · RM 224 PSF
RM 244,000
LORONG MERAK 7
1,001 sqft · RM 244 PSF
RM 180,000
LORONG MERAK 42
1,001 sqft · RM 180 PSF
RM 260,000
LORONG MERAK 42
1,001 sqft · RM 260 PSF
RM 233,000
LORONG MERAK 25
1,001 sqft · RM 233 PSF
View 13 more transactions
1,100 sqft
Single Storey Terraced
RM 230,000
LORONG MERAK 60
1,098 sqft · RM 209 PSF
1,200 sqft
RM 255,000
LORONG MERAK 65
1,195 sqft · RM 213 PSF
RM 600,000
JALAN KENDI
1,195 sqft · RM 502 PSF
RM 422,000
LORONG KENDI 4
1,195 sqft · RM 353 PSF
RM 240,000
JALAN MERAK 2
1,195 sqft · RM 201 PSF
RM 465,000
LORONG KENDI 6
1,195 sqft · RM 389 PSF
RM 275,000
LORONG MERAK 65
1,195 sqft · RM 230 PSF
RM 390,000
LORONG KENDI 6
1,195 sqft · RM 326 PSF
1,400 sqft
Double Storey Shop
RM 700,000
JALAN KENDI
1,399 sqft · RM 500 PSF
1,500 sqft
Single Storey Terraced
RM 300,000
LORONG MERAK 5
1,507 sqft · RM 199 PSF
1,550 sqft
Double Storey Shop
RM 272,000
LORONG SIMPANG AMPAT 1
1,528 sqft · RM 178 PSF
1,650 sqft
Single Storey Terraced
RM 290,000
LORONG. MERAK 30
1,658 sqft · RM 175 PSF
RM 270,000
LORONG MERAK 24
1,668 sqft · RM 162 PSF

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

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