Taman Merpati Indah
14, Lorong Merpati Indah, Taman Merpati Indah, 14100 Simpang Ampat, Pulau Pinang, Malaysia
14, Lorong Merpati Indah, Taman Merpati Indah, 14100 Simpang Ampat, Pulau Pinang, Malaysia
Property Type
| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 1
|
RM 110,000
|
RM 176
|
624 sqft
|
|
|
|
Level 2
|
RM 130,000
|
RM 208
|
624 sqft
|
|
|
|
Level 1
|
RM 90,000
|
RM 144
|
624 sqft
|
|
|
Lorong Merpati Indah 7
|
RM 427,000
|
RM 287
|
1,485 sqft
|
|
|
Lorong Merpati Indah 2
|
RM 1,000,000
|
RM 378
|
2,648 sqft
|
|
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Market Snapshot
RM 120,000
RM 192 psfMedian transaction price
RM 1,000,000
RM 378 psfMedian transaction price
14, Lorong Merpati Indah, Taman Merpati Indah, 14100 Simpang Ampat, Pulau Pinang, Malaysia
MapsTaman Merpati Indah in Seberang Perai Selatan, Penang recorded 5 subsale transactions between 2021 and 2026, with a median price of RM 130K and a median price per square foot (PSF) of RM 208.
This area contains both residential and commercial properties. View 9 residential properties or 1 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 130K, with most transactions falling within a stable range of RM 90K to RM 477K, and a typical market range of RM 90K to RM 318K.
Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.
Price per square foot shows a median of RM 208, though individual units vary from RM 124 to RM 293 in the core range. The broader market spans RM 103.10 to RM 313.36, indicating diverse property characteristics. A wider spread (IQR: RM 210.25) and deviation (MAD: RM 84) 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.