Penang
Seberang Perai Utara
11
TAMAN MERBAU INDAH

TAMAN MERBAU INDAH

Area Intelligence

2023

Median Price

RM 140,000

PSF: RM 233

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Residential PSF Trends

Median Price

RM 140,000

PSF: RM 233

Commercial PSF Trends

Median Price

RM 888,000

RM 507 PSF

TAMAN MERBAU INDAH in Seberang Perai Utara, Penang recorded 4 subsale transactions in 2023, with a median price of RM 140K and a median price per square foot (PSF) of RM 233.

This area contains both residential and commercial properties. View 60 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 140K, with most transactions falling within a stable range of RM 126K to RM 154K, and a typical market range of RM 120K to RM 155K.

Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.

The median PSF stands at RM 233, with core pricing between RM 209 and RM 256. Market pricing typically extends from RM 128.00 to RM 337.00, reflecting moderate variation in unit pricing. With an IQR of RM 209.00 and MAD of RM 24, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN MERBAU INDAH, Seberang Perai Utara, Penang

OSM

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Transactions

4 transactions found

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

Custom Range

Min Price (RM)

Max Price (RM)

Clear

Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

Custom Range

Min Size (sqft)

Max Size (sqft)

Clear

RM 120,000

Level 4

603 sqft • RM 199.00 PSF

Dec 2023

RM 155,000

Level 3

603 sqft • RM 257.00 PSF

Jun 2023

RM 130,000

Level 1

603 sqft • RM 216.00 PSF

Mar 2023

RM 150,000

Level G

603 sqft • RM 249.00 PSF

Mar 2023

Road	Price	Land PSF	Land	Date	Type
Level 4	RM 120,000	RM 199.00	603 sqft	Dec 2023	Low-Cost Flat
Level 3	RM 155,000	RM 257.00	603 sqft	Jun 2023	Low-Cost Flat
Level 1	RM 130,000	RM 216.00	603 sqft	Mar 2023	Low-Cost Flat
Level G	RM 150,000	RM 249.00	603 sqft	Mar 2023	Low-Cost Flat

Auction Properties

2 auction properties in TAMAN MERBAU INDAH

Terrace

No. 2, Lorong Merbau Indah 3, Taman Merbau Indah, 13800, But...

RM 945,000

1,055 sqft

PSF: RM 895.73

08 Dec 2025

Terrace

No. 2, Lorong Merbau Indah 3, Taman Merbau Indah, 13800, But...

RM 945,000

2,960 sqft

PSF: RM 319.26

08 Dec 2025

Type	Address	Reserve Price	PSF	Land Area	Auction Date
Terrace	No. 2, Lorong Merbau Indah 3, Taman Merbau Indah,...	RM 945,000	RM 895.73	1,055 sqft	08 Dec 2025
Terrace	No. 2, Lorong Merbau Indah 3, Taman Merbau Indah,...	RM 945,000	RM 319.26	2,960 sqft	08 Dec 2025