Taman Merak

Lorong Merak 14, Taman Merak, 14100 Simpang Ampat, Pulau Pinang, Malaysia

Property Transactions

21 subsales grouped by size

Median
RM 280,000
PSF
RM 250
Price Size
Period
transactions middle 50% (P25–P75)
1,000 sqft
LC House
RM 285,000
Lorong Merak 17
1,001 sqft · RM 285 PSF
RM 300,000
Lorong Merak 25
1,001 sqft · RM 300 PSF
RM 250,000
Lorong Merak 4
1,001 sqft · RM 250 PSF
RM 300,000
Lorong Merak 23
1,001 sqft · RM 300 PSF
RM 270,000
Lorong Merak 23
1,001 sqft · RM 270 PSF
RM 280,000
Lorong. Merak 47
1,001 sqft · RM 280 PSF
+7 more
1,050 sqft
LC House
RM 290,000
Lorong Merak 24
1,044 sqft · RM 278 PSF
RM 280,000
Lorong Merak 39
1,044 sqft · RM 268 PSF
1,100 sqft
LC House
RM 300,000
Lorong 27
1,098 sqft · RM 273 PSF
1,500 sqft
LC House
RM 325,000
Lorong Merak 5
1,496 sqft · RM 217 PSF
2,100 sqft
LC House
RM 240,000
Lorong Merak 4
2,110 sqft · RM 114 PSF
2,150 sqft
LC House
RM 395,000
Lorong Merak 4
2,174 sqft · RM 182 PSF
2,350 sqft
LC House
RM 180,000
Lorong Merak 16
2,357 sqft · RM 76 PSF
2,500 sqft
LC House
RM 250,000
Lorong Merak 2
2,476 sqft · RM 101 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

RM 280,000

RM 250 psf

Median transaction price

RM 420,000

RM 243 psf

Median transaction price

Taman Merak
© OpenStreetMap · CARTO

Lorong Merak 14, Taman Merak, 14100 Simpang Ampat, Pulau Pinang, Malaysia

Maps

Taman Merak in Seberang Perai Selatan, Penang recorded 21 Low-Cost House properties subsale transactions between 2021 and 2026, with a median price of RM 280K and a median price per square foot (PSF) of RM 250.

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 280K, with most transactions falling within a stable range of RM 227K to RM 333K, and a typical market range of RM 240K to RM 320K.

Within the Low-Cost House 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 250, though individual units vary from RM 182 to RM 318 in the core range. The broader market spans RM 208.24 to RM 291.24, indicating diverse property characteristics. A wider spread (IQR: RM 83.00) and deviation (MAD: RM 68) indicate significant PSF variations, likely due to diverse property types or conditions.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Moderate transaction volume may require patience when buying or selling.