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 |
|---|
|
Lorong Kendi 8
|
RM 750,000
|
RM 474
|
1,582 sqft
|
|
|
|
Lorong Kendi 8
|
RM 480,000
|
RM 303
|
1,582 sqft
|
|
|
|
Lorong Kendi
|
RM 440,000
|
RM 278
|
1,582 sqft
|
|
|
|
Lorong Kendi 8
|
RM 450,000
|
RM 284
|
1,582 sqft
|
|
|
|
Lorong Kendi 4
|
RM 422,000
|
RM 267
|
1,582 sqft
|
|
|
|
Lorong Kendi 6
|
RM 465,000
|
RM 294
|
1,582 sqft
|
|
|
|
Lorong Kendi 6
|
RM 390,000
|
RM 246
|
1,582 sqft
|
|
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Market Snapshot
RM 450,000
RM 284 psfMedian transaction price
RM 420,000
RM 243 psfMedian transaction price
Lorong Merak 14, Taman Merak, 14100 Simpang Ampat, Pulau Pinang, Malaysia
MapsTaman Merak in Seberang Perai Selatan, Penang recorded 7 Double Storey Terraced properties subsale transactions between 2021 and 2026, with a median price of RM 450K and a median price per square foot (PSF) of RM 284.
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 450K, with most transactions falling within a stable range of RM 390K to RM 561K, and a typical market range of RM 410K to RM 490K.
Within the Double Storey Terraced 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 284, though individual units vary from RM 214 to RM 355 in the core range. The broader market spans RM 242.90 to RM 325.90, indicating diverse property characteristics. The spread of RM 83.00 (IQR) and deviation of RM 70 (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. Limited transaction history suggests carefully evaluating comparable sales data.