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 34
|
RM 280,000
|
RM 280
|
1,001 sqft
|
|
|
|
Lorong Merak 3
|
RM 320,000
|
RM 320
|
1,001 sqft
|
|
|
Jalan Paboi
|
RM 600,000
|
RM 228
|
2,626 sqft
|
|
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Market Snapshot
RM 300,000
RM 300 psfMedian transaction price
RM 600,000
RM 228 psfMedian transaction price
Lorong Merak 14, Taman Merak, 14100 Simpang Ampat, Pulau Pinang, Malaysia
MapsTaman Merak in Seberang Perai Selatan, Penang recorded 3 subsale transactions in 2026, with a median price of RM 320K and a median price per square foot (PSF) of RM 280.
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 320K, with most transactions falling within a stable range of RM 280K to RM 462K, and a typical market range of RM 280K to RM 360K.
Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.
The median PSF stands at RM 280, with core pricing between RM 242 and RM 318. Market pricing typically extends from RM 238.50 to RM 321.50, reflecting moderate variation in unit pricing. With an IQR of RM 83.00 and MAD of RM 38, the PSF demonstrates reasonable consistency across the market.
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. Limited transaction history suggests carefully evaluating comparable sales data.