Penang
Seberang Perai Utara
11
TAMAN MERBAU INDAH

TAMAN MERBAU INDAH

Area Intelligence

Median Price

RM 752,500

PSF: RM 316

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Residential PSF Trends

Median Price

RM 745,000

PSF: RM 311

Commercial PSF Trends

Median Price

RM 928,000

RM 459 PSF

TAMAN MERBAU INDAH in Seberang Perai Utara, Penang recorded 12 subsale transactions between 2021 and 2025, with a median price of RM 753K and a median price per square foot (PSF) of RM 316.

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 753K, with most transactions falling within a stable range of RM 658K to RM 847K, and a typical market range of RM 650K to RM 888K.

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

The median PSF stands at RM 316, with core pricing between RM 262 and RM 370. Market pricing typically extends from RM 211.50 to RM 420.50, reflecting moderate variation in unit pricing. The spread of RM 209.00 (IQR) and deviation of RM 54 (MAD) suggest moderate price variations reflecting different property features.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. 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

12 transactions grouped by size

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)

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Road	Price	Land PSF	Land	Date	Type

2,000 sqft

RM 928,000

JALAN MERBAU INDAH

2,024 sqft · RM 459 PSF

Jun 2024

RM 715,000

LORONG MERBAU INDAH 11

2,002 sqft · RM 357 PSF

Apr 2022

JALAN MERBAU INDAH	RM 928,000	RM 459	2,024 sqft	Jun 2024	Double Storey Shop
LORONG MERBAU INDAH 11	RM 715,000	RM 357	2,002 sqft	Apr 2022	Double Storey Terraced

2,100 sqft

Double Storey Terraced

2,100 sqft

Double Storey Terraced

RM 701,000

LORONG MERBAU INDAH

2,099 sqft · RM 334 PSF

Sep 2023

LORONG MERBAU INDAH

RM 701,000

RM 334

2,099 sqft

Sep 2023

2,450 sqft

Double Storey Terraced

2,450 sqft

Double Storey Terraced

RM 745,000

LORONG MERBAU INDAH 14

2,433 sqft · RM 306 PSF

Dec 2021

LORONG MERBAU INDAH 14

RM 745,000

RM 306

2,433 sqft

Dec 2021

2,550 sqft

Double Storey Semi-D

2,550 sqft

Double Storey Semi-D

RM 930,000

LORONG MERBAU INDAH 8

2,540 sqft · RM 366 PSF

May 2024

RM 835,000

LORONG MERBAU INDAH 8

2,573 sqft · RM 325 PSF

Mar 2023

RM 650,000

JALAN MERBAU INDAH 1

2,573 sqft · RM 253 PSF

Oct 2022

RM 760,000

LORONG MERBAU INDAH 8

2,551 sqft · RM 298 PSF

Oct 2022

RM 800,000

LORONG MERBAU INDAH 8

2,573 sqft · RM 311 PSF

Sep 2022

LORONG MERBAU INDAH 8	RM 930,000	RM 366	2,540 sqft	May 2024
LORONG MERBAU INDAH 8	RM 835,000	RM 325	2,573 sqft	Mar 2023
JALAN MERBAU INDAH 1	RM 650,000	RM 253	2,573 sqft	Oct 2022
LORONG MERBAU INDAH 8	RM 760,000	RM 298	2,551 sqft	Oct 2022
LORONG MERBAU INDAH 8	RM 800,000	RM 311	2,573 sqft	Sep 2022

2,650 sqft

Double Storey Semi-D

2,650 sqft

Double Storey Semi-D

RM 731,000

LORONG MERBAU INDAH 3

2,626 sqft · RM 278 PSF

Apr 2022

LORONG MERBAU INDAH 3

RM 731,000

RM 278

2,626 sqft

Apr 2022

2,900 sqft

RM 930,000

JALAN MERBAU INDAH 1

2,895 sqft · RM 321 PSF

Oct 2023

RM 710,000

LORONG MERBAU INDAH 12

2,885 sqft · RM 246 PSF

May 2023

JALAN MERBAU INDAH 1	RM 930,000	RM 321	2,895 sqft	Oct 2023	Double Storey Semi-D
LORONG MERBAU INDAH 12	RM 710,000	RM 246	2,885 sqft	May 2023	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