LIST

Penang, Seberang Perai Utara, 11

TAMAN MERBAU INDAH

Area Intelligence
Median Price
RM 134,500
PSF: RM 224
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Residential PSF Trends

Median Price

RM 127,500

PSF: RM 212

Commercial PSF Trends

Median Price

RM 162,500

RM 265 PSF

TAMAN MERBAU INDAH in Seberang Perai Utara, Penang recorded 12 subsale transactions between 2021 and 2025, with a median price of RM 135K and a median price per square foot (PSF) of RM 224.

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 135K, with most transactions falling within a stable range of RM 110K to RM 159K, and a typical market range of RM 85K to RM 165K.

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

The median PSF stands at RM 224, with core pricing between RM 184 and RM 263. Market pricing typically extends from RM 119.00 to RM 328.00, reflecting moderate variation in unit pricing. The spread of RM 209.00 (IQR) and deviation of RM 40 (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. Significant price variations suggest comparing multiple properties and timing the market carefully. 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

View Type

Grouped View Individual View

Property Type

All Types
Categories
Residential Commercial
Specific Types
Single Storey Semi-D Single Storey Shop Single Storey Terraced Double Storey Semi-D Double Storey Shop Double Storey Terraced 3-Storey Shop 4-Storey Shop 5-Storey Shop 6-Storey Shop Cluster House Condo/Apartment Bungalow Detached Factory Flat Industrial Unit Low-Cost Flat Low-Cost House Office Lot SOHO/SOFO/SOVO Semi-D Factory Service Apartment Shop/Retail Lot Terraced Factory Town House

Year

All Years 2025 2024 2023 2022 2021
Popular Ranges
Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+
Custom Range
Clear

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
Clear
600 sqft
RM 139,000
Level 1
603 sqft · RM 231 PSF
RM 160,000
Level G
603 sqft · RM 265 PSF
RM 165,000
Level G
624 sqft · RM 264 PSF
RM 125,000
Level G
603 sqft · RM 207 PSF
RM 120,000
Level 4
603 sqft · RM 199 PSF
RM 155,000
Level 3
603 sqft · RM 257 PSF
View 6 more transactions

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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