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 |
|---|
|
Lorong Merpati Indah 7
|
RM 427,000
|
RM 287
|
1,485 sqft
|
|
|
Lorong Merpati Indah 5
|
RM 480,000
|
RM 312
|
1,539 sqft
|
|
|
|
Lorong Merpati Indah 3
|
RM 470,000
|
RM 305
|
1,539 sqft
|
|
|
Lorong Merpati Indah 1
|
RM 500,000
|
RM 312
|
1,604 sqft
|
|
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Market Snapshot
RM 475,000
RM 309 psfMedian transaction price
RM 1,000,000
RM 715 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 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.