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 | |||||
|
Jalan Merbau Indah
|
RM 958,000
|
RM 384
|
2,497 sqft
|
|
2-Sty Shop |
|
Jalan Merbau Indah
|
RM 953,000
|
RM 382
|
2,497 sqft
|
|
2-Sty Shop |
| 2024 | |||||
|
Jalan Merbau Indah
|
RM 928,000
|
RM 372
|
2,497 sqft
|
|
2-Sty Shop |
|
Jalan Merbau Indah
|
RM 928,000
|
RM 372
|
2,497 sqft
|
|
2-Sty Shop |
|
Jalan Merbau Indah
|
RM 928,000
|
RM 372
|
2,497 sqft
|
|
2-Sty Shop |
|
Jalan Merbau Indah
|
RM 888,000
|
RM 356
|
2,497 sqft
|
|
2-Sty Shop |
| 2022 | |||||
|
Jalan Merbau Indah
|
RM 770,000
|
RM 308
|
2,497 sqft
|
|
2-Sty Shop |
|
Jalan Merbau Indah
|
RM 770,000
|
RM 308
|
2,497 sqft
|
|
2-Sty Shop |
|
Jalan Merbau Indah
|
RM 770,000
|
RM 308
|
2,497 sqft
|
|
2-Sty Shop |
|
Jalan Merbau Indah
|
RM 770,000
|
RM 308
|
2,497 sqft
|
|
2-Sty Shop |
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Market Snapshot
RM 607,500
RM 373 psfMedian transaction price
RM 908,000
RM 364 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 10 subsale transactions between 2021 and 2026, sized between 2,475 and 2,524 sqft, with a median price of RM 908K and a median price per square foot (PSF) of RM 364.
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 908K, with most transactions falling within a stable range of RM 827K to RM 958K, and a typical market range of RM 773K to RM 958K.
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 364, with most transactions between RM 331 and RM 396. The usual range is RM 259.60 to RM 467.60, showing that most units are priced quite close to each other. With an IQR of RM 208.00 and MAD of RM 32, 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.