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 1
|
RM 500,000
|
RM 312
|
1,604 sqft
|
|
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Market Snapshot
RM 500,000
RM 312 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 1 subsale transactions in 2022, with a median price of RM 500K and a median price per square foot (PSF) of RM 312.
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.
Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.
For price per square foot, the median is RM 312, with most transactions between RM 312 and RM 312. The usual range is RM 206.64 to RM 416.89, showing that most units are priced quite close to each other. With an IQR of RM 210.25 and MAD of RM 0, 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.