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 Merak 2
|
RM 240,000
|
RM 279
|
861 sqft
|
|
|
Lorong Merak 6
|
RM 225,000
|
RM 225
|
1,001 sqft
|
|
Terrace |
|
Lorong Merak 7
|
RM 244,000
|
RM 244
|
1,001 sqft
|
|
Terrace |
|
Lorong Merak 37
|
RM 224,000
|
RM 224
|
1,001 sqft
|
|
Terrace |
|
Lorong Merak 42
|
RM 180,000
|
RM 180
|
1,001 sqft
|
|
LC House |
|
Lorong Merak 25
|
RM 233,000
|
RM 233
|
1,001 sqft
|
|
LC House |
|
Lorong Merak 42
|
RM 260,000
|
RM 260
|
1,001 sqft
|
|
Terrace |
|
Lorong Merak 60
|
RM 230,000
|
RM 209
|
1,098 sqft
|
|
|
Lorong Merak 5
|
RM 300,000
|
RM 199
|
1,507 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
|
|
|
Lorong Merak 24
|
RM 270,000
|
RM 162
|
1,668 sqft
|
|
|
|
Lorong. Merak 30
|
RM 290,000
|
RM 175
|
1,658 sqft
|
|
|
Lorong Merak 4
|
RM 240,000
|
RM 114
|
2,110 sqft
|
|
|
Lorong Merak 65
|
RM 255,000
|
RM 113
|
2,260 sqft
|
|
|
|
Jalan Kendi
|
RM 600,000
|
RM 265
|
2,260 sqft
|
|
|
|
Lorong Merak 65
|
RM 275,000
|
RM 122
|
2,260 sqft
|
|
|
Lorong Merak 16
|
RM 180,000
|
RM 76
|
2,357 sqft
|
|
|
Lorong Merak 2
|
RM 250,000
|
RM 101
|
2,476 sqft
|
|
LC House |
|
Jalan Kendi
|
RM 700,000
|
RM 278
|
2,519 sqft
|
|
2-Sty Shop |
|
Lorong Simpang Ampat 1
|
RM 272,000
|
RM 108
|
2,519 sqft
|
|
2-Sty Shop |
|
Lorong Simpang Ampat 1
|
RM 420,000
|
RM 101
|
4,176 sqft
|
|
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Market Snapshot
RM 250,000
RM 233 psfMedian transaction price
RM 275,000
RM 122 psfMedian transaction price
Lorong Merak 14, Taman Merak, 14100 Simpang Ampat, Pulau Pinang, Malaysia
MapsTaman 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 231.
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 258K, with most transactions falling within a stable range of RM 160K to RM 367K, and a typical market range of RM 218K to RM 298K.
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 231, though individual units vary from RM 168 to RM 295 in the core range. The broader market spans RM 189.76 to RM 272.76, indicating diverse property characteristics. A wider spread (IQR: RM 83.00) and deviation (MAD: RM 63) 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.