Penang
Seberang Perai Utara
11
TAMAN MERBAU INDAH

TAMAN MERBAU INDAH

Area Intelligence

2021

Median Price

RM 605,000

PSF: RM 414

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Residential PSF Trends

Median Price

RM 605,000

PSF: RM 414

Commercial PSF Trends

Median Price

RM 888,000

RM 507 PSF

TAMAN MERBAU INDAH in Seberang Perai Utara, Penang recorded 4 subsale transactions in 2021, with a median price of RM 605K and a median price per square foot (PSF) of RM 414.

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 605K, with most transactions falling within a stable range of RM 509K to RM 701K, and a typical market range of RM 488K to RM 740K.

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

The median PSF stands at RM 414, with core pricing between RM 352 and RM 476. Market pricing typically extends from RM 309.50 to RM 518.50, reflecting moderate variation in unit pricing. With an IQR of RM 209.00 and MAD of RM 62, the PSF demonstrates reasonable consistency across the market.

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. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN MERBAU INDAH, Seberang Perai Utara, Penang

OSM

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Transactions

4 transactions found

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

Custom Range

Min Price (RM)

Max Price (RM)

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Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

Custom Range

Min Size (sqft)

Max Size (sqft)

Clear

RM 560,000

LORONG MERBAU INDAH 14

1,302 sqft • RM 430.00 PSF

Dec 2021

RM 745,000

LORONG MERBAU INDAH 14

2,433 sqft • RM 306.00 PSF

Dec 2021

RM 650,000

SOLOK MERBAU INDAH 3

1,367 sqft • RM 475.00 PSF

Dec 2021

RM 488,000

JALAN MERBAU INDAH 1

1,227 sqft • RM 398.00 PSF

Oct 2021

Road	Price	Land PSF	Land	Date	Type
LORONG MERBAU INDAH 14	RM 560,000	RM 430.00	1,302 sqft	Dec 2021	Double Storey Terraced
LORONG MERBAU INDAH 14	RM 745,000	RM 306.00	2,433 sqft	Dec 2021	Double Storey Terraced
SOLOK MERBAU INDAH 3	RM 650,000	RM 475.00	1,367 sqft	Dec 2021	Double Storey Terraced
JALAN MERBAU INDAH 1	RM 488,000	RM 398.00	1,227 sqft	Oct 2021	Double Storey Terraced

Auction Properties

2 auction properties in TAMAN MERBAU INDAH

Terrace

No. 2, Lorong Merbau Indah 3, Taman Merbau Indah, 13800, But...

RM 945,000

1,055 sqft

PSF: RM 895.73

08 Dec 2025

Terrace

No. 2, Lorong Merbau Indah 3, Taman Merbau Indah, 13800, But...

RM 945,000

2,960 sqft

PSF: RM 319.26

08 Dec 2025

Type	Address	Reserve Price	PSF	Land Area	Auction Date
Terrace	No. 2, Lorong Merbau Indah 3, Taman Merbau Indah,...	RM 945,000	RM 895.73	1,055 sqft	08 Dec 2025
Terrace	No. 2, Lorong Merbau Indah 3, Taman Merbau Indah,...	RM 945,000	RM 319.26	2,960 sqft	08 Dec 2025