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 Simpang Ampat
|
RM 830,000
|
RM 139
|
5,974 sqft
|
|
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Market Snapshot
RM 280,000
RM 270 psfMedian transaction price
RM 830,000
RM 139 psfMedian transaction price
Lorong Merak 14, Taman Merak, 14100 Simpang Ampat, Pulau Pinang, Malaysia
MapsTaman Merak in Seberang Perai Selatan, Penang recorded 1 3-Storey Shop properties subsale transactions between 2021 and 2026, with a median price of RM 830K and a median price per square foot (PSF) of RM 139.
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.
Within the 3-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 139, with most transactions between RM 139 and RM 139. The usual range is RM 97.44 to RM 180.44, showing that most units are priced quite close to each other. With an IQR of RM 83.00 and MAD of RM 0, 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.