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 |
|---|
|
Level 1
|
RM 200,000
|
RM 332
|
603 sqft
|
|
LC Flat |
|
Level 1
|
RM 139,000
|
RM 231
|
603 sqft
|
|
LC Flat |
|
Level G
|
RM 160,000
|
RM 265
|
603 sqft
|
|
Shop |
|
Level G
|
RM 165,000
|
RM 264
|
624 sqft
|
|
Shop |
|
Level G
|
RM 125,000
|
RM 207
|
603 sqft
|
|
LC Flat |
|
Level 4
|
RM 120,000
|
RM 199
|
603 sqft
|
|
LC Flat |
|
Level 3
|
RM 160,000
|
RM 236
|
678 sqft
|
|
|
|
Level 2
|
RM 146,000
|
RM 215
|
678 sqft
|
|
|
|
Level 4
|
RM 133,000
|
RM 196
|
678 sqft
|
|
|
Lorong Merbau Indah 10
|
RM 600,000
|
RM 382
|
1,572 sqft
|
|
|
|
Lorong Merbau Indah 10
|
RM 580,000
|
RM 369
|
1,572 sqft
|
|
|
|
Lorong Merbau Indah 12
|
RM 600,000
|
RM 382
|
1,572 sqft
|
|
|
|
Lorong Merbau Indah 10
|
RM 580,000
|
RM 369
|
1,572 sqft
|
|
|
|
Lorong Merbau Indah 10
|
RM 610,000
|
RM 388
|
1,572 sqft
|
|
|
|
Lorong Merbau Indah 12
|
RM 580,000
|
RM 372
|
1,561 sqft
|
|
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Market Snapshot
RM 344,000
RM 311 psfMedian transaction price
RM 162,500
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 30 subsale transactions between 2021 and 2026, sized between 600 and 1,600 sqft, with a median price of RM 183K and a median price per square foot (PSF) of RM 288.
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 183K, with most transactions falling within a stable range of RM 85K to RM 397K, and a typical market range of RM 85K to RM 318K.
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 288, though individual units vary from RM 211 to RM 365 in the core range. The broader market spans RM 183.98 to RM 391.98, indicating diverse property characteristics. A wider spread (IQR: RM 208.00) and deviation (MAD: RM 77) indicate significant PSF variations, likely due to diverse property types or conditions.
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. Moderate transaction volume may require patience when buying or selling.