TAMAN MERPATI INDAH

TAMAN MERPATI INDAH in Seberang Perai Selatan, Penang recorded 3 subsale transactions between 2021 and 2025, priced between RM 500K and RM 750K, with a median price of RM 608K and a median price per square foot (PSF) of RM 173.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 608K, with most transactions falling within a stable range of RM 545K to RM 650K, and a typical market range of RM 500K to RM 650K.

Most transactions involved flats, with high diversity across multiple property types.

Price per square foot shows a median of RM 173, though individual units vary from RM 97 to RM 249 in the core range. The broader market spans RM 124.15 to RM 222.40, indicating diverse property characteristics. A wider spread (IQR: RM 98.25) and deviation (MAD: RM 76) 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. Limited transaction history suggests carefully evaluating comparable sales data.