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 8
|
RM 930,000
|
RM 366
|
2,540 sqft
|
|
Semi-D |
| 2023 | |||||
|
Lorong Merbau Indah 8
|
RM 835,000
|
RM 325
|
2,573 sqft
|
|
Semi-D |
| 2022 | |||||
|
Jalan Merbau Indah 1
|
RM 650,000
|
RM 253
|
2,573 sqft
|
|
Semi-D |
|
Lorong Merbau Indah 8
|
RM 760,000
|
RM 298
|
2,551 sqft
|
|
Semi-D |
|
Lorong Merbau Indah 8
|
RM 800,000
|
RM 311
|
2,573 sqft
|
|
Semi-D |
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Market Snapshot
RM 800,000
RM 311 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 5 subsale transactions between 2021 and 2026, sized between 2,525 and 2,574 sqft, with a median price of RM 800K and a median price per square foot (PSF) of RM 311.
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 800K, with most transactions falling within a stable range of RM 708K to RM 892K, and a typical market range of RM 665K to RM 930K.
Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.
The median PSF stands at RM 311, with core pricing between RM 274 and RM 348. Market pricing typically extends from RM 206.97 to RM 414.97, reflecting moderate variation in unit pricing. With an IQR of RM 208.00 and MAD of RM 37, 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.