TAMAN MERBAU INDAH

TAMAN MERBAU INDAH in Seberang Perai Utara, Penang recorded 54 subsale transactions between 2021 and 2025, with a median price of RM 671K and a median price per square foot (PSF) of RM 450.

This area contains both residential and commercial properties. View 60 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 671K, with most transactions falling within a stable range of RM 514K to RM 828K, and a typical market range of RM 536K to RM 806K.

Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.

Price per square foot shows a median of RM 450, though individual units vary from RM 329 to RM 571 in the core range. The broader market spans RM 345.50 to RM 554.50, indicating diverse property characteristics. A wider spread (IQR: RM 209.00) and deviation (MAD: RM 121) indicate significant PSF variations, likely due to diverse property types or conditions.

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. Moderate transaction volume may require patience when buying or selling.