TAMAN MERBAU INDAH

Area Intelligence
Median Price
RM 572,500
PSF: RM 467

Residential PSF Trends

Median Price

RM 572,500

PSF: RM 467

Commercial PSF Trends

Median Price

RM 888,000

RM 507 PSF

TAMAN MERBAU INDAH in Seberang Perai Utara, Penang recorded 10 subsale transactions between 2021 and 2025, with a median price of RM 573K and a median price per square foot (PSF) of RM 467.

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 573K, with most transactions falling within a stable range of RM 527K to RM 600K, and a typical market range of RM 488K to RM 600K.

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

For price per square foot, the median is RM 467, with most transactions between RM 430 and RM 503. The usual range is RM 362.00 to RM 571.00, showing that most units are priced quite close to each other. With an IQR of RM 209.00 and MAD of RM 37, 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

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Transactions

10 transactions grouped by size

1,250 sqft
Double Storey Terraced
RM 600,000
LORONG MERBAU INDAH 10
1,227 sqft · RM 489 PSF
RM 580,000
LORONG MERBAU INDAH 10
1,227 sqft · RM 473 PSF
RM 580,000
LORONG MERBAU INDAH 10
1,227 sqft · RM 473 PSF
RM 600,000
LORONG MERBAU INDAH 12
1,227 sqft · RM 489 PSF
RM 580,000
LORONG MERBAU INDAH 12
1,227 sqft · RM 473 PSF
RM 500,000
JALAN MERBAU INDAH 10
1,227 sqft · RM 407 PSF

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

No Properties For Sale

There are currently no properties listed for sale in this area.

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