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 |
|---|
|
Level 4
|
RM 53,000
|
RM 98
|
538 sqft
|
|
|
|
Level 2
|
RM 80,000
|
RM 149
|
538 sqft
|
|
|
Jalan Merak 2
|
RM 280,000
|
RM 325
|
861 sqft
|
|
|
Lorong Merak 5
|
RM 320,000
|
RM 320
|
1,001 sqft
|
|
Terrace |
|
Lorong Merak 12
|
RM 300,000
|
RM 300
|
1,001 sqft
|
|
Terrace |
|
Lorong Merak 23
|
RM 300,000
|
RM 300
|
1,001 sqft
|
|
LC House |
|
Lorong Merak 4
|
RM 250,000
|
RM 250
|
1,001 sqft
|
|
LC House |
|
Lorong Merak 6
|
RM 275,000
|
RM 275
|
1,001 sqft
|
|
Terrace |
|
Lorong Merak 25
|
RM 280,000
|
RM 280
|
1,001 sqft
|
|
Terrace |
|
Lorong Merak 24
|
RM 290,000
|
RM 278
|
1,044 sqft
|
|
LC House |
|
Jalan Merak 4
|
RM 290,000
|
RM 281
|
1,033 sqft
|
|
Terrace |
|
Lorong Merak 61
|
RM 350,000
|
RM 319
|
1,098 sqft
|
|
|
Lorong Kendi 8
|
RM 480,000
|
RM 303
|
1,582 sqft
|
|
|
|
Lorong Kendi
|
RM 440,000
|
RM 278
|
1,582 sqft
|
|
|
|
Lorong Kendi 8
|
RM 450,000
|
RM 284
|
1,582 sqft
|
|
|
Lorong Merak 2
|
RM 360,000
|
RM 212
|
1,701 sqft
|
|
|
Jalan Merak 2
|
RM 438,000
|
RM 210
|
2,088 sqft
|
|
|
Lorong Merak 4
|
RM 395,000
|
RM 182
|
2,174 sqft
|
|
|
Lorong Simpang Ampat 1
|
RM 350,000
|
RM 155
|
2,260 sqft
|
|
|
|
Lorong Merak 65
|
RM 290,000
|
RM 128
|
2,260 sqft
|
|
|
|
Lorong Merak 65
|
RM 230,000
|
RM 102
|
2,260 sqft
|
|
|
|
Jalan Kendi
|
RM 420,000
|
RM 186
|
2,260 sqft
|
|
Posts about Taman Merak
No posts about Taman Merak yet. Be the first to share what’s happening here.
Promote your property to visitors of this page
Market Snapshot
RM 290,000
RM 279 psfMedian transaction price
RM 320,000
RM 170 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 2023, with a median price of RM 290K and a median price per square foot (PSF) of RM 276.
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 290K, with most transactions falling within a stable range of RM 204K to RM 376K, and a typical market range of RM 250K to RM 330K.
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 276, though individual units vary from RM 213 to RM 340 in the core range. The broader market spans RM 234.72 to RM 317.72, indicating diverse property characteristics. The spread of RM 83.00 (IQR) and deviation of RM 63 (MAD) suggest moderate price variations reflecting different property features.
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.