TAMAN MERAK

TAMAN MERAK in Seberang Perai Selatan, Penang recorded 6 Double Storey Terraced properties subsale transactions between 2021 and 2025 for double storey terraced properties, with a median price of RM 445K and a median price per square foot (PSF) of RM 373.

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 445K, with most transactions falling within a stable range of RM 416K to RM 474K, and a typical market range of RM 408K to RM 480K.

Within the Double Storey Terraced 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 373, with most transactions between RM 348 and RM 397. The usual range is RM 329.00 to RM 416.00, showing that most units are priced quite close to each other. With an IQR of RM 87.00 and MAD of RM 25, 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. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.