Taman Merak
Hot Area · Top 1%Lorong Merak 14, Taman Merak, 14100 Simpang Ampat, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Merak 2
|
RM 280,000
|
RM 325
|
861 sqft
|
|
|
|
Jalan Merak 2
|
RM 240,000
|
RM 279
|
861 sqft
|
|
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Market Snapshot
RM 280,000
RM 270 psfMedian transaction price
RM 260,000
RM 302 psfMedian transaction price
Lorong Merak 14, Taman Merak, 14100 Simpang Ampat, Pulau Pinang, Malaysia
MapsTaman Merak in Seberang Perai Selatan, Penang recorded 2 Single Storey Shop properties subsale transactions between 2021 and 2026, with a median price of RM 260K and a median price per square foot (PSF) of RM 302.
This area contains both residential and commercial properties. View 104 residential properties or 17 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 240K to RM 280K, and a typical market range of RM 240K to RM 280K.
Within the Single Storey Shop category, 1 - 1 1/2 storey terraced dominated the market, with high diversity across multiple property types.
For price per square foot, the median is RM 302, with most transactions between RM 279 and RM 325. The usual range is RM 260.44 to RM 343.44, showing that most units are priced quite close to each other. With an IQR of RM 83.00 and MAD of RM 23, 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.