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 Merak 17
|
RM 285,000
|
RM 285
|
1,001 sqft
|
|
|
|
Lorong Merak 25
|
RM 300,000
|
RM 300
|
1,001 sqft
|
|
|
|
Lorong Merak 4
|
RM 250,000
|
RM 250
|
1,001 sqft
|
|
|
|
Lorong Merak 23
|
RM 300,000
|
RM 300
|
1,001 sqft
|
|
|
|
Lorong Merak 23
|
RM 270,000
|
RM 270
|
1,001 sqft
|
|
|
|
Lorong. Merak 47
|
RM 280,000
|
RM 280
|
1,001 sqft
|
|
|
Lorong Merak 24
|
RM 290,000
|
RM 278
|
1,044 sqft
|
|
|
|
Lorong Merak 39
|
RM 280,000
|
RM 268
|
1,044 sqft
|
|
|
Lorong 27
|
RM 300,000
|
RM 273
|
1,098 sqft
|
|
|
Lorong Merak 5
|
RM 325,000
|
RM 217
|
1,496 sqft
|
|
|
Lorong Merak 4
|
RM 240,000
|
RM 114
|
2,110 sqft
|
|
|
Lorong Merak 4
|
RM 395,000
|
RM 182
|
2,174 sqft
|
|
|
Lorong Merak 16
|
RM 180,000
|
RM 76
|
2,357 sqft
|
|
|
Lorong Merak 2
|
RM 250,000
|
RM 101
|
2,476 sqft
|
|
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Market Snapshot
RM 280,000
RM 250 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 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.