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 | |||||
|
Level 1
|
RM 200,000
|
RM 332
|
603 sqft
|
|
LC Flat |
| 2024 | |||||
|
Level 1
|
RM 139,000
|
RM 231
|
603 sqft
|
|
LC Flat |
|
Level G
|
RM 160,000
|
RM 265
|
603 sqft
|
|
Shop |
|
Level G
|
RM 125,000
|
RM 207
|
603 sqft
|
|
LC Flat |
| 2023 | |||||
|
Level 4
|
RM 120,000
|
RM 199
|
603 sqft
|
|
LC Flat |
|
Level 3
|
RM 155,000
|
RM 257
|
603 sqft
|
|
LC Flat |
|
Level 1
|
RM 130,000
|
RM 216
|
603 sqft
|
|
LC Flat |
|
Level G
|
RM 150,000
|
RM 249
|
603 sqft
|
|
LC Flat |
| 2022 | |||||
|
Level 1
|
RM 100,000
|
RM 166
|
603 sqft
|
|
LC Flat |
|
Level 4
|
RM 85,000
|
RM 141
|
603 sqft
|
|
LC Flat |
|
Level 2
|
RM 140,000
|
RM 232
|
603 sqft
|
|
LC Flat |
|
Level G
|
RM 100,000
|
RM 166
|
603 sqft
|
|
LC Flat |
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Market Snapshot
RM 130,000
RM 216 psfMedian transaction price
RM 160,000
RM 265 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 12 subsale transactions between 2021 and 2026, sized between 575 and 624 sqft, with a median price of RM 135K and a median price per square foot (PSF) of RM 223.
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 135K, with most transactions falling within a stable range of RM 105K to RM 164K, and a typical market range of RM 85K to RM 200K.
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 223, though individual units vary from RM 173 to RM 273 in the core range. The broader market spans RM 119.13 to RM 327.13, indicating diverse property characteristics. The spread of RM 208.00 (IQR) and deviation of RM 50 (MAD) suggest moderate price variations reflecting different property features.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.