LIST

Penang, Seberang Perai Selatan, 14

TAMAN MERAK

Area Intelligence
2023
Median Price
RM 290,000
PSF: RM 280
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Residential PSF Trends

Median Price

RM 290,000

PSF: RM 280

Commercial PSF Trends

Median Price

RM 320,000

RM 268 PSF

TAMAN MERAK in Seberang Perai Selatan, Penang recorded 33 subsale transactions in 2023, with a median price of RM 290K and a median price per square foot (PSF) of RM 280.

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 222K to RM 358K, 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.

The median PSF stands at RM 280, with core pricing between RM 228 and RM 332. Market pricing typically extends from RM 236.50 to RM 323.50, reflecting moderate variation in unit pricing. The spread of RM 87.00 (IQR) and deviation of RM 52 (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. Moderate transaction volume may require patience when buying or selling.

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TAMAN MERAK, Seberang Perai Selatan, Penang

OSM

Track location

Transactions

33 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 320,000
LORONG MERAK 5
1,001 sqft · RM 320 PSF
RM 300,000
LORONG MERAK 12
1,001 sqft · RM 300 PSF
RM 300,000
LORONG MERAK 23
1,001 sqft · RM 300 PSF
RM 250,000
LORONG MERAK 4
1,001 sqft · RM 250 PSF
RM 275,000
LORONG MERAK 6
1,001 sqft · RM 275 PSF
RM 280,000
LORONG MERAK 25
1,001 sqft · RM 280 PSF
View 13 more transactions
1,050 sqft
RM 290,000
LORONG MERAK 24
1,044 sqft · RM 278 PSF
RM 290,000
JALAN MERAK 4
1,033 sqft · RM 281 PSF
1,100 sqft
Single Storey Terraced
RM 350,000
LORONG MERAK 61
1,098 sqft · RM 319 PSF
1,200 sqft
RM 480,000
LORONG KENDI 8
1,195 sqft · RM 402 PSF
RM 350,000
LORONG SIMPANG AMPAT 1
1,195 sqft · RM 293 PSF
RM 290,000
LORONG MERAK 65
1,195 sqft · RM 243 PSF
RM 438,000
JALAN MERAK 2
1,195 sqft · RM 367 PSF
RM 230,000
LORONG MERAK 65
1,195 sqft · RM 193 PSF
RM 440,000
LORONG KENDI
1,195 sqft · RM 368 PSF
View 3 more transactions
1,700 sqft
Single Storey Terraced
RM 360,000
LORONG MERAK 2
1,701 sqft · RM 212 PSF
2,150 sqft
Low-Cost House
RM 395,000
LORONG MERAK 4
2,174 sqft · RM 182 PSF

No Properties For Sale

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

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