LIST

Penang, Seberang Perai Selatan, 14

TAMAN MERAK

Area Intelligence
2024
Median Price
RM 300,000
PSF: RM 290
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Residential PSF Trends

Median Price

RM 300,000

PSF: RM 290

Commercial PSF Trends

Median Price

RM 680,000

RM 296 PSF

TAMAN MERAK in Seberang Perai Selatan, Penang recorded 23 subsale transactions in 2024, with a median price of RM 300K and a median price per square foot (PSF) of RM 290.

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 300K, with most transactions falling within a stable range of RM 228K to RM 421K, and a typical market range of RM 263K to RM 338K.

Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.

The median PSF stands at RM 290, with core pricing between RM 238 and RM 342. Market pricing typically extends from RM 246.50 to RM 333.50, 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.

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

23 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 300,000
LORONG MERAK 33
1,001 sqft · RM 300 PSF
RM 228,000
LORONG MERAK 42
1,001 sqft · RM 228 PSF
RM 285,000
LORONG MERAK 17
1,001 sqft · RM 285 PSF
RM 325,000
JALAN. MERAK 1
1,001 sqft · RM 325 PSF
RM 330,000
LORONG MERAK 10
1,001 sqft · RM 330 PSF
RM 290,000
LORONG MERAK 37
1,001 sqft · RM 290 PSF
View 11 more transactions
1,050 sqft
Single Storey Terraced
RM 300,000
JALAN MERAK 4
1,033 sqft · RM 290 PSF
1,500 sqft
Low-Cost House
RM 325,000
LORONG MERAK 5
1,496 sqft · RM 217 PSF
1,550 sqft
Single Storey Terraced
RM 380,000
LORONG MERAK 5
1,572 sqft · RM 242 PSF
2,050 sqft
3-Storey Shop
RM 830,000
JALAN SIMPANG AMPAT
2,056 sqft · RM 404 PSF
2,100 sqft
Single Storey Terraced
RM 360,000
LORONG MERAK 5
2,110 sqft · RM 171 PSF
2,850 sqft
Double Storey Shop
RM 530,000
LORONG MERAK 47
2,842 sqft · RM 187 PSF

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

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