Taman Merbau Indah
11, Jln Merbau Indah, Taman Merbau Indah, 13800 Tasek Gelugor, Pulau Pinang, Malaysia
11, Jln Merbau Indah, Taman Merbau Indah, 13800 Tasek Gelugor, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Lorong Merbau Indah 10
|
RM 600,000
|
RM 382
|
1,572 sqft
|
|
|
Lorong Merbau Indah 12
|
RM 628,000
|
RM 283
|
2,217 sqft
|
|
|
|
Lorong Merbau Indah 12
|
RM 580,000
|
RM 262
|
2,217 sqft
|
|
|
Jalan Merbau Indah
|
RM 958,000
|
RM 384
|
2,497 sqft
|
|
|
|
Jalan Merbau Indah
|
RM 953,000
|
RM 382
|
2,497 sqft
|
|
|
Lorong Merbau Indah 8
|
RM 1,100,000
|
RM 352
|
3,122 sqft
|
|
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Market Snapshot
RM 600,000
RM 332 psfMedian transaction price
RM 955,500
RM 383 psfMedian transaction price
11, Jln Merbau Indah, Taman Merbau Indah, 13800 Tasek Gelugor, Pulau Pinang, Malaysia
MapsTaman Merbau Indah in Seberang Perai Utara, Penang recorded 7 subsale transactions between 2021 and 2026, with a median price of RM 628K and a median price per square foot (PSF) of RM 352.
This area contains both residential and commercial properties. View 64 residential properties or 13 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 628K, with most transactions falling within a stable range of RM 343K to RM 913K, and a typical market range of RM 493K to RM 763K.
Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.
The median PSF stands at RM 352, with core pricing between RM 306 and RM 399. Market pricing typically extends from RM 248.39 to RM 456.39, reflecting moderate variation in unit pricing. With an IQR of RM 208.00 and MAD of RM 46, 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.