TAMAN MERBAU INDAH

TAMAN MERBAU INDAH in Seberang Perai Utara, Penang recorded 15 subsale transactions between 2021 and 2025, with a median price of RM 139K and a median price per square foot (PSF) of RM 216.

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 139K, with most transactions falling within a stable range of RM 19K to RM 259K, and a typical market range of RM 4K to RM 274K.

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 216, though individual units vary from RM 123 to RM 309 in the core range. The broader market spans RM 111.50 to RM 320.50, indicating diverse property characteristics. A wider spread (IQR: RM 209.00) and deviation (MAD: RM 93) 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. Limited transaction history suggests carefully evaluating comparable sales data.