Kaw P'gaan Simpang Empat
15, Jalan Simpang Ampat, Taman Merak, 14100 Simpang Ampat, Pulau Pinang, Malaysia
15, Jalan Simpang Ampat, Taman Merak, 14100 Simpang Ampat, Pulau Pinang, Malaysia
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2025 | |||||
|
Lorong Keruing 1
|
RM 480,000
|
RM 200
|
2,400 sqft
|
|
2-Sty Shop |
| 2024 | |||||
|
Lorong Keruing 2
|
RM 450,000
|
RM 215
|
2,088 sqft
|
|
2-Sty Shop |
|
Lorong Keruing 1
|
RM 440,000
|
RM 183
|
2,400 sqft
|
|
2-Sty Shop |
| 2023 | |||||
|
Lorong Keruing 2
|
RM 465,000
|
RM 175
|
2,659 sqft
|
|
2-Sty Shop |
|
Lorong Keruing 2
|
RM 450,000
|
RM 169
|
2,659 sqft
|
|
2-Sty Shop |
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15, Jalan Simpang Ampat, Taman Merak, 14100 Simpang Ampat, Pulau Pinang, Malaysia
MapsKaw P'gaan Simpang Empat in Seberang Perai Selatan, Penang recorded 5 subsale transactions between 2021 and 2026, with a median price of RM 450K and a median price per square foot (PSF) of RM 183.
This area consists exclusively of commercial properties, with no residential listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 450K, with most transactions falling within a stable range of RM 440K to RM 460K, and a typical market range of RM 443K to RM 458K.
Most transactions involved 2 - 2 1/2 storey shop, with minimal variety in property types.
For price per square foot, the median is RM 183, with most transactions between RM 173 and RM 193. The usual range is RM 175.31 to RM 191.31, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 16.00 and an average deviation (MAD) of RM 10 indicate a highly stable PSF trend across properties.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.