Penang
Seberang Perai Utara
11
TAMAN MERBAU INDAH

TAMAN MERBAU INDAH

Area Intelligence

2023

Median Price

RM 600,000

PSF: RM 333

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Residential PSF Trends

Median Price

RM 600,000

PSF: RM 333

Commercial PSF Trends

Median Price

RM 888,000

RM 507 PSF

TAMAN MERBAU INDAH in Seberang Perai Utara, Penang recorded 16 subsale transactions in 2023, with a median price of RM 600K and a median price per square foot (PSF) of RM 333.

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 600K, with most transactions falling within a stable range of RM 835K to RM 648K, and a typical market range of RM 835K to RM 735K.

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 333, with most transactions between RM 331 and RM 335. The usual range is RM 228.00 to RM 437.00, showing that most units are priced quite close to each other. With an IQR of RM 209.00 and MAD of RM 2, 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

2 transactions grouped by size

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

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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

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Road	Price	Land PSF	Land	Date	Type

2,550 sqft

Double Storey Semi-D

2,550 sqft

Double Storey Semi-D

RM 835,000

LORONG MERBAU INDAH 8

2,573 sqft · RM 325 PSF

Mar 2023

LORONG MERBAU INDAH 8

RM 835,000

RM 325

2,573 sqft

Mar 2023

2,900 sqft

Double Storey Semi-D

2,900 sqft

Double Storey Semi-D

RM 930,000

JALAN MERBAU INDAH 1

2,895 sqft · RM 321 PSF

Oct 2023

JALAN MERBAU INDAH 1

RM 930,000

RM 321

2,895 sqft

Oct 2023

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