Taman Merak
Lorong Merak 14, Taman Merak, 14100 Simpang Ampat, Pulau Pinang, Malaysia
Lorong Merak 14, Taman Merak, 14100 Simpang Ampat, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Merak 2
|
RM 438,000
|
RM 210
|
2,088 sqft
|
|
|
Lorong Simpang Ampat 1
|
RM 470,000
|
RM 208
|
2,260 sqft
|
|
|
|
Lorong Merak 47
|
RM 530,000
|
RM 234
|
2,260 sqft
|
|
|
|
Lorong Merak 65
|
RM 290,000
|
RM 128
|
2,260 sqft
|
|
|
|
Lorong Simpang Ampat 1
|
RM 350,000
|
RM 155
|
2,260 sqft
|
|
|
|
Lorong Merak 65
|
RM 230,000
|
RM 102
|
2,260 sqft
|
|
|
|
Jalan Kendi
|
RM 420,000
|
RM 186
|
2,260 sqft
|
|
|
Jalan Kendi
|
RM 700,000
|
RM 278
|
2,519 sqft
|
|
|
|
Lorong Simpang Ampat 1
|
RM 272,000
|
RM 108
|
2,519 sqft
|
|
|
Jalan Paboi
|
RM 600,000
|
RM 228
|
2,626 sqft
|
|
|
Lorong Simpang Ampat 1
|
RM 420,000
|
RM 101
|
4,176 sqft
|
|
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Market Snapshot
RM 280,000
RM 270 psfMedian transaction price
RM 420,000
RM 170 psfMedian transaction price
Lorong Merak 14, Taman Merak, 14100 Simpang Ampat, Pulau Pinang, Malaysia
MapsTaman Merak in Seberang Perai Selatan, Penang recorded 14 Double Storey Shop properties subsale transactions between 2021 and 2026, with a median price of RM 420K and a median price per square foot (PSF) of RM 170.
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 420K, with most transactions falling within a stable range of RM 277K to RM 563K, and a typical market range of RM 380K to RM 460K.
Within the Double Storey Shop category, 1 - 1 1/2 storey terraced dominated the market, with high diversity across multiple property types.
Price per square foot shows a median of RM 170, though individual units vary from RM 109 to RM 231 in the core range. The broader market spans RM 128.82 to RM 211.82, indicating diverse property characteristics. A wider spread (IQR: RM 83.00) and deviation (MAD: RM 61) indicate significant PSF variations, likely due to diverse property types or conditions.
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.