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
|
|---|---|---|---|---|---|
| 2023 | |||||
|
Level 4
|
RM 120,000
|
RM 199
|
603 sqft
|
|
LC Flat |
|
Lorong Merbau Indah 14
|
RM 605,000
|
RM 273
|
2,217 sqft
|
|
2-Sty Terrace |
|
Jalan Merbau Indah 1
|
RM 930,000
|
RM 321
|
2,895 sqft
|
|
Semi-D |
|
Lorong Merbau Indah
|
RM 671,000
|
RM 283
|
2,368 sqft
|
|
2-Sty Terrace |
|
Lorong Merbau Indah
|
RM 701,000
|
RM 296
|
2,368 sqft
|
|
2-Sty Terrace |
|
Lorong Merbau Indah 10
|
RM 580,000
|
RM 369
|
1,572 sqft
|
|
2-Sty Terrace |
|
Lorong Merbau Indah 12
|
RM 600,000
|
RM 382
|
1,572 sqft
|
|
2-Sty Terrace |
|
Level 3
|
RM 155,000
|
RM 257
|
603 sqft
|
|
LC Flat |
|
Lorong Merbau Indah 10
|
RM 610,000
|
RM 388
|
1,572 sqft
|
|
2-Sty Terrace |
|
Lorong Merbau Indah 12
|
RM 710,000
|
RM 300
|
2,368 sqft
|
|
2-Sty Terrace |
|
Lorong Merbau Indah 8
|
RM 835,000
|
RM 325
|
2,573 sqft
|
|
Semi-D |
|
Lorong Merbau Indah 12
|
RM 580,000
|
RM 372
|
1,561 sqft
|
|
2-Sty Terrace |
|
Lorong Merbau Indah 14
|
RM 600,000
|
RM 271
|
2,217 sqft
|
|
2-Sty Terrace |
|
Level 1
|
RM 130,000
|
RM 216
|
603 sqft
|
|
LC Flat |
|
Level G
|
RM 150,000
|
RM 249
|
603 sqft
|
|
LC Flat |
|
Jalan Merbau Indah 10
|
RM 500,000
|
RM 318
|
1,572 sqft
|
|
2-Sty Terrace |
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Market Snapshot
RM 600,000
RM 298 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 16 subsale transactions in 2023, with a median price of RM 600K and a median price per square foot (PSF) of RM 298.
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 600K, with most transactions falling within a stable range of RM 353K to RM 847K, and a typical market range of RM 465K to RM 735K.
Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.
The median PSF stands at RM 298, with core pricing between RM 242 and RM 353. Market pricing typically extends from RM 193.92 to RM 401.92, reflecting moderate variation in unit pricing. The spread of RM 208.00 (IQR) and deviation of RM 56 (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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.