LIST

Penang, Seberang Perai Selatan, 14

TAMAN MERAK

Area Intelligence
2022
Median Price
RM 257,500
PSF: RM 230
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Residential PSF Trends

Median Price

RM 250,000

PSF: RM 233

Commercial PSF Trends

Median Price

RM 275,000

RM 213 PSF

TAMAN MERAK in Seberang Perai Selatan, Penang recorded 36 subsale transactions in 2022, with a median price of RM 258K and a median price per square foot (PSF) of RM 230.

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 258K, with most transactions falling within a stable range of RM 160K to RM 367K, and a typical market range of RM 220K to RM 295K.

Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.

Price per square foot shows a median of RM 230, though individual units vary from RM 141 to RM 319 in the core range. The broader market spans RM 186.50 to RM 273.50, indicating diverse property characteristics. A wider spread (IQR: RM 87.00) and deviation (MAD: RM 89) 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.

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TAMAN MERAK, Seberang Perai Selatan, Penang

OSM

Track location

Transactions

5 transactions grouped by size

View Type

Grouped View Individual View

Property Type

All Types
Categories
Residential Commercial
Specific Types
Single Storey Semi-D Single Storey Shop Single Storey Terraced Double Storey Semi-D Double Storey Shop Double Storey Terraced 3-Storey Shop 4-Storey Shop 5-Storey Shop 6-Storey Shop Cluster House Condo/Apartment Bungalow Detached Factory Flat Industrial Unit Low-Cost Flat Low-Cost House Office Lot SOHO/SOFO/SOVO Semi-D Factory Service Apartment Shop/Retail Lot Terraced Factory Town House

Year

All Years 2025 2024 2023 2022 2021
Popular Ranges
Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+
Custom Range
Clear

Size Range (sqft)

Popular Ranges
Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft
Custom Range
Clear
1,200 sqft
Double Storey Terraced
RM 422,000
LORONG KENDI 4
1,195 sqft · RM 353 PSF
RM 465,000
LORONG KENDI 6
1,195 sqft · RM 389 PSF
RM 390,000
LORONG KENDI 6
1,195 sqft · RM 326 PSF
1,500 sqft
Single Storey Terraced
RM 300,000
LORONG MERAK 5
1,507 sqft · RM 199 PSF
2,050 sqft
Double Storey Shop
RM 420,000
LORONG SIMPANG AMPAT 1
2,045 sqft · RM 205 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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