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
|
|---|---|---|---|---|---|
| 2025 | |||||
|
Lorong Merbau Indah 10
|
RM 600,000
|
RM 382
|
1,572 sqft
|
|
2-Sty Terrace |
| 2024 | |||||
|
Lorong Merbau Indah 10
|
RM 580,000
|
RM 369
|
1,572 sqft
|
|
2-Sty Terrace |
| 2023 | |||||
|
Lorong Merbau Indah 10
|
RM 580,000
|
RM 369
|
1,572 sqft
|
|
2-Sty Terrace |
|
Lorong Merbau Indah 12
|
RM 600,000
|
RM 382
|
1,572 sqft
|
|
2-Sty Terrace |
|
Lorong Merbau Indah 10
|
RM 610,000
|
RM 388
|
1,572 sqft
|
|
2-Sty Terrace |
|
Lorong Merbau Indah 12
|
RM 580,000
|
RM 372
|
1,561 sqft
|
|
2-Sty Terrace |
|
Jalan Merbau Indah 10
|
RM 500,000
|
RM 318
|
1,572 sqft
|
|
2-Sty Terrace |
| 2022 | |||||
|
Lorong Merbau Indah 10
|
RM 635,000
|
RM 404
|
1,572 sqft
|
|
2-Sty Terrace |
|
Lorong Merbau Indah 10
|
RM 500,000
|
RM 318
|
1,572 sqft
|
|
2-Sty Terrace |
|
Lorong Merbau Indah 12
|
RM 490,000
|
RM 312
|
1,572 sqft
|
|
2-Sty Terrace |
|
Jalan Merbau Indah 1
|
RM 565,000
|
RM 360
|
1,572 sqft
|
|
2-Sty Terrace |
|
Jalan Merbau Indah 12
|
RM 575,000
|
RM 366
|
1,572 sqft
|
|
2-Sty Terrace |
|
Lorong Merbau Indah 14
|
RM 565,000
|
RM 360
|
1,572 sqft
|
|
2-Sty Terrace |
| 2021 | |||||
|
Jalan Merbau Indah 1
|
RM 488,000
|
RM 311
|
1,572 sqft
|
|
2-Sty Terrace |
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Market Snapshot
RM 577,500
RM 367 psfMedian transaction price
RM 888,000
RM 507 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 14 subsale transactions between 2021 and 2026, sized between 1,525 and 1,574 sqft, with a median price of RM 578K and a median price per square foot (PSF) of RM 367.
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 578K, with most transactions falling within a stable range of RM 531K to RM 624K, and a typical market range of RM 488K to RM 635K.
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 367, with most transactions between RM 338 and RM 397. The usual range is RM 263.48 to RM 471.48, showing that most units are priced quite close to each other. With an IQR of RM 208.00 and MAD of RM 30, 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.