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
|
|---|---|---|---|---|---|
| 2024 | |||||
|
Lorong Merbau Indah
|
RM 648,000
|
RM 274
|
2,368 sqft
|
|
2-Sty Terrace |
|
Lorong Merbau Indah
|
RM 673,000
|
RM 284
|
2,368 sqft
|
|
2-Sty Terrace |
|
Lorong Merbau Indah
|
RM 675,000
|
RM 285
|
2,368 sqft
|
|
2-Sty Terrace |
|
Lorong Merbau Indah
|
RM 671,000
|
RM 283
|
2,368 sqft
|
|
2-Sty Terrace |
|
Lorong Merbau Indah
|
RM 669,000
|
RM 283
|
2,368 sqft
|
|
2-Sty Terrace |
|
Lorong Merbau Indah
|
RM 700,000
|
RM 296
|
2,368 sqft
|
|
2-Sty Terrace |
| 2023 | |||||
|
Lorong Merbau Indah
|
RM 671,000
|
RM 283
|
2,368 sqft
|
|
2-Sty Terrace |
|
Lorong Merbau Indah
|
RM 701,000
|
RM 296
|
2,368 sqft
|
|
2-Sty Terrace |
|
Lorong Merbau Indah 12
|
RM 710,000
|
RM 300
|
2,368 sqft
|
|
2-Sty Terrace |
| 2022 | |||||
|
Lorong Merbau Indah 13
|
RM 720,000
|
RM 304
|
2,368 sqft
|
|
2-Sty Terrace |
|
Lorong Merbau Indah 14
|
RM 650,000
|
RM 274
|
2,368 sqft
|
|
2-Sty Terrace |
|
Lorong Merbau Indah 11
|
RM 715,000
|
RM 302
|
2,368 sqft
|
|
2-Sty Terrace |
|
Jalan Merbau Indah 11
|
RM 628,000
|
RM 265
|
2,368 sqft
|
|
2-Sty Terrace |
| 2021 | |||||
|
Lorong Merbau Indah 14
|
RM 745,000
|
RM 315
|
2,368 sqft
|
|
2-Sty Terrace |
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Market Snapshot
RM 674,000
RM 285 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 2,325 and 2,374 sqft, with a median price of RM 674K and a median price per square foot (PSF) of RM 285.
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 674K, with most transactions falling within a stable range of RM 643K to RM 705K, and a typical market range of RM 628K to RM 745K.
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 285, with most transactions between RM 271 and RM 298. The usual range is RM 180.62 to RM 388.62, showing that most units are priced quite close to each other. With an IQR of RM 208.00 and MAD of RM 13, the PSF demonstrates reasonable consistency across the market.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.