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
|
|---|---|---|---|---|---|
| 2026 | |||||
|
Lorong Merbau Indah 12
|
RM 628,000
|
RM 283
|
2,217 sqft
|
|
2-Sty Terrace |
| 2025 | |||||
|
Lorong Merbau Indah 12
|
RM 580,000
|
RM 262
|
2,217 sqft
|
|
2-Sty Terrace |
| 2024 | |||||
|
Lorong Merbau Indah 14
|
RM 600,000
|
RM 271
|
2,217 sqft
|
|
2-Sty Terrace |
|
Lorong Merbau Indah 14
|
RM 770,000
|
RM 347
|
2,217 sqft
|
|
2-Sty Terrace |
| 2023 | |||||
|
Lorong Merbau Indah 14
|
RM 605,000
|
RM 273
|
2,217 sqft
|
|
2-Sty Terrace |
|
Lorong Merbau Indah 14
|
RM 600,000
|
RM 271
|
2,217 sqft
|
|
2-Sty Terrace |
| 2022 | |||||
|
Lorong Merbau Indah 12
|
RM 650,000
|
RM 293
|
2,217 sqft
|
|
2-Sty Terrace |
|
Lorong Merbau Indah 14
|
RM 573,000
|
RM 258
|
2,217 sqft
|
|
2-Sty Terrace |
| 2021 | |||||
|
Lorong Merbau Indah 14
|
RM 560,000
|
RM 253
|
2,217 sqft
|
|
2-Sty Terrace |
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Market Snapshot
RM 600,000
RM 271 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 9 subsale transactions between 2021 and 2026, sized between 2,175 and 2,224 sqft, with a median price of RM 600K and a median price per square foot (PSF) of RM 271.
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 600K, with most transactions falling within a stable range of RM 560K to RM 660K, and a typical market range of RM 560K to RM 735K.
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 271, with most transactions between RM 244 and RM 297. The usual range is RM 166.59 to RM 374.59, showing that most units are priced quite close to each other. With an IQR of RM 208.00 and MAD of RM 27, 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.