Taman Merak

Lorong Merak 14, Taman Merak, 14100 Simpang Ampat, Pulau Pinang, Malaysia

Property Transactions

3 subsales grouped by size

Median
RM 320,000
PSF
RM 280
Price Size
Period
transactions middle 50% (P25–P75)
1,000 sqft
Terrace
RM 280,000
Lorong Merak 34
1,001 sqft · RM 280 PSF
RM 320,000
Lorong Merak 3
1,001 sqft · RM 320 PSF
2,650 sqft
2-Sty Shop
RM 600,000
Jalan Paboi
2,626 sqft · RM 228 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

RM 300,000

RM 300 psf

Median transaction price

RM 600,000

RM 228 psf

Median transaction price

Taman Merak
© OpenStreetMap · CARTO

Lorong Merak 14, Taman Merak, 14100 Simpang Ampat, Pulau Pinang, Malaysia

Maps

Taman 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.