Taman Merpati Indah

14, Lorong Merpati Indah, Taman Merpati Indah, 14100 Simpang Ampat, Pulau Pinang, Malaysia

Property Transactions

4 subsales grouped by size

Median
RM 475,000
PSF
RM 309
Price Size
Period
transactions middle 50% (P25–P75)
1,500 sqft
2-Sty Terrace
RM 427,000
Lorong Merpati Indah 7
1,485 sqft · RM 287 PSF
1,550 sqft
2-Sty Terrace
RM 480,000
Lorong Merpati Indah 5
1,539 sqft · RM 312 PSF
RM 470,000
Lorong Merpati Indah 3
1,539 sqft · RM 305 PSF
1,600 sqft
2-Sty Terrace
RM 500,000
Lorong Merpati Indah 1
1,604 sqft · RM 312 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

RM 475,000

RM 309 psf

Median transaction price

RM 1,000,000

RM 715 psf

Median transaction price

Taman Merpati Indah
© OpenStreetMap · CARTO

14, Lorong Merpati Indah, Taman Merpati Indah, 14100 Simpang Ampat, Pulau Pinang, Malaysia

Maps

Taman Merpati Indah in Seberang Perai Selatan, Penang recorded 4 Double Storey Terraced properties subsale transactions between 2021 and 2026, with a median price of RM 475K and a median price per square foot (PSF) of RM 309.

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 475K, with most transactions falling within a stable range of RM 448K to RM 500K, and a typical market range of RM 427K to RM 500K.

Within the Double Storey Terraced category, 2 - 2 1/2 storey terraced dominated the market, with high diversity across multiple property types.

For price per square foot, the median is RM 309, with most transactions between RM 298 and RM 319. The usual range is RM 203.43 to RM 413.68, showing that most units are priced quite close to each other. With an IQR of RM 210.25 and MAD of RM 10, 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.