LIST

Penang, Seberang Perai Utara, 11

TAMAN MERBAU INDAH

Area Intelligence
2024
Median Price
RM 671,000
PSF: RM 406
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Residential PSF Trends

Median Price

RM 658,500

PSF: RM 384

Commercial PSF Trends

Median Price

RM 928,000

RM 682 PSF

TAMAN MERBAU INDAH in Seberang Perai Utara, Penang recorded 23 subsale transactions in 2024, with a median price of RM 671K and a median price per square foot (PSF) of RM 406.

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 671K, with most transactions falling within a stable range of RM 770K to RM 849K, and a typical market range of RM 770K to RM 806K.

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 406, though individual units vary from RM 196 to RM 616 in the core range. The broader market spans RM 301.50 to RM 510.50, indicating diverse property characteristics. A wider spread (IQR: RM 209.00) and deviation (MAD: RM 210) 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. Some price volatility exists, making thorough market research essential before transacting. Moderate transaction volume may require patience when buying or selling.

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TAMAN MERBAU INDAH, Seberang Perai Utara, Penang

OSM

Track location

Transactions

8 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
1,300 sqft
Double Storey Shop
RM 928,000
JALAN MERBAU INDAH
1,302 sqft · RM 713 PSF
RM 928,000
JALAN MERBAU INDAH
1,302 sqft · RM 713 PSF
RM 888,000
JALAN MERBAU INDAH
1,302 sqft · RM 682 PSF
1,700 sqft
Double Storey Shop
RM 1,378,000
JALAN MERBAU INDAH
1,722 sqft · RM 800 PSF
2,000 sqft
Double Storey Shop
RM 928,000
JALAN MERBAU INDAH
2,024 sqft · RM 459 PSF
2,550 sqft
Double Storey Semi-D
RM 930,000
LORONG MERBAU INDAH 8
2,540 sqft · RM 366 PSF
3,450 sqft
Double Storey Terraced
RM 770,000
LORONG MERBAU INDAH 14
3,466 sqft · RM 222 PSF
4,100 sqft
Double Storey Semi-D
RM 1,160,000
LORONG MERBAU INDAH 6
4,112 sqft · RM 282 PSF

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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