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 14
|
RM 680,000
|
RM 304
|
2,239 sqft
|
|
2-Sty Terrace |
|
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 |
|
Solok Merbau Indah 3
|
RM 650,000
|
RM 351
|
1,851 sqft
|
|
2-Sty Terrace |
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Market Snapshot
RM 605,000
RM 273 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 11 subsale transactions between 2021 and 2026, sized between 1,601 and 2,300 sqft, with a median price of RM 605K and a median price per square foot (PSF) of RM 273.
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 605K, with most transactions falling within a stable range of RM 560K to RM 662K, and a typical market range of RM 560K to RM 740K.
Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.
The median PSF stands at RM 273, with core pricing between RM 241 and RM 305. Market pricing typically extends from RM 168.85 to RM 376.85, reflecting moderate variation in unit pricing. With an IQR of RM 208.00 and MAD of RM 32, 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.