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 | |||||
|
Level 1
|
RM 139,000
|
RM 231
|
603 sqft
|
|
LC Flat |
|
Level 3
|
RM 160,000
|
RM 236
|
678 sqft
|
|
LC Flat |
|
Jalan Merbau Indah
|
RM 928,000
|
RM 372
|
2,497 sqft
|
|
2-Sty Shop |
|
Lorong Merbau Indah
|
RM 648,000
|
RM 274
|
2,368 sqft
|
|
2-Sty Terrace |
|
Lorong Merbau Indah 10
|
RM 580,000
|
RM 369
|
1,572 sqft
|
|
2-Sty Terrace |
|
Jalan Merbau Indah
|
RM 1,378,000
|
RM 448
|
3,078 sqft
|
|
2-Sty Shop |
|
Lorong Merbau Indah
|
RM 673,000
|
RM 284
|
2,368 sqft
|
|
2-Sty Terrace |
|
Lorong Merbau Indah 14
|
RM 600,000
|
RM 271
|
2,217 sqft
|
|
2-Sty Terrace |
|
Lorong Merbau Indah 6
|
RM 1,160,000
|
RM 282
|
4,112 sqft
|
|
Semi-D |
|
Jalan Merbau Indah
|
RM 928,000
|
RM 372
|
2,497 sqft
|
|
2-Sty Shop |
|
Lorong Merbau Indah
|
RM 675,000
|
RM 285
|
2,368 sqft
|
|
2-Sty Terrace |
|
Lorong Merbau Indah
|
RM 671,000
|
RM 283
|
2,368 sqft
|
|
2-Sty Terrace |
|
Level G
|
RM 160,000
|
RM 265
|
603 sqft
|
|
Shop |
|
Level 4
|
RM 133,000
|
RM 196
|
678 sqft
|
|
LC Flat |
|
Level 2
|
RM 146,000
|
RM 215
|
678 sqft
|
|
LC Flat |
|
Lorong Merbau Indah
|
RM 669,000
|
RM 283
|
2,368 sqft
|
|
2-Sty Terrace |
|
Jalan Merbau Indah
|
RM 928,000
|
RM 372
|
2,497 sqft
|
|
2-Sty Shop |
|
Lorong Merbau Indah 8
|
RM 930,000
|
RM 366
|
2,540 sqft
|
|
Semi-D |
|
Jalan Merbau Indah
|
RM 888,000
|
RM 356
|
2,497 sqft
|
|
2-Sty Shop |
|
Level G
|
RM 165,000
|
RM 264
|
624 sqft
|
|
Shop |
|
Level G
|
RM 125,000
|
RM 207
|
603 sqft
|
|
LC Flat |
|
Lorong Merbau Indah
|
RM 700,000
|
RM 296
|
2,368 sqft
|
|
2-Sty Terrace |
|
Lorong Merbau Indah 14
|
RM 770,000
|
RM 347
|
2,217 sqft
|
|
2-Sty Terrace |
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Market Snapshot
RM 658,500
RM 282 psfMedian transaction price
RM 928,000
RM 372 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 23 subsale transactions in 2024, with a median price of RM 671K and a median price per square foot (PSF) of RM 283.
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 671K, with most transactions falling within a stable range of RM 314K to RM 1.03 million, 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 283, though individual units vary from RM 220 to RM 347 in the core range. The broader market spans RM 179.35 to RM 387.35, indicating diverse property characteristics. The spread of RM 208.00 (IQR) and deviation of RM 63 (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. Moderate transaction volume may require patience when buying or selling.