Penang
Seberang Perai Utara
11
TAMAN MERBAU INDAH

TAMAN MERBAU INDAH

Area Intelligence

2022

Median Price

RM 650,000

PSF: RM 407

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Residential PSF Trends

Median Price

RM 635,000

PSF: RM 357

Commercial PSF Trends

Median Price

RM 770,000

RM 504 PSF

TAMAN MERBAU INDAH in Seberang Perai Utara, Penang recorded 27 subsale transactions in 2022, with a median price of RM 650K and a median price per square foot (PSF) of RM 407.

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 650K, with most transactions falling within a stable range of RM 645K to RM 500K, and a typical market range of RM 515K to RM 500K.

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 407, with most transactions between RM 403 and RM 411. The usual range is RM 302.50 to RM 511.50, showing that most units are priced quite close to each other. With an IQR of RM 209.00 and MAD of RM 4, the PSF demonstrates reasonable consistency across the market.

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. Moderate transaction volume may require patience when buying or selling.

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TAMAN MERBAU INDAH, Seberang Perai Utara, Penang

OSM

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Transactions

8 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

1,500 sqft

Double Storey Shop

1,500 sqft

Double Storey Shop

RM 770,000

JALAN MERBAU INDAH

1,518 sqft · RM 507 PSF

Dec 2022

JALAN MERBAU INDAH

RM 770,000

RM 507

1,518 sqft

Dec 2022

1,550 sqft

Double Storey Shop

1,550 sqft

Double Storey Shop

RM 770,000

JALAN MERBAU INDAH

1,528 sqft · RM 504 PSF

Dec 2022

RM 770,000

JALAN MERBAU INDAH

1,528 sqft · RM 504 PSF

Dec 2022

RM 770,000

JALAN MERBAU INDAH

1,561 sqft · RM 493 PSF

Oct 2022

JALAN MERBAU INDAH	RM 770,000	RM 504	1,528 sqft	Dec 2022
JALAN MERBAU INDAH	RM 770,000	RM 504	1,528 sqft	Dec 2022
JALAN MERBAU INDAH	RM 770,000	RM 493	1,561 sqft	Oct 2022

2,550 sqft

Double Storey Semi-D

2,550 sqft

Double Storey Semi-D

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 760,000	RM 298	2,551 sqft	Oct 2022
LORONG MERBAU INDAH 8	RM 800,000	RM 311	2,573 sqft	Sep 2022

4,750 sqft

Double Storey Semi-D

4,750 sqft

Double Storey Semi-D

RM 920,000

LORONG MERBAU INDAH 4

4,725 sqft · RM 195 PSF

Mar 2022

LORONG MERBAU INDAH 4

RM 920,000

RM 195

4,725 sqft

Mar 2022

5,550 sqft

Double Storey Semi-D

5,550 sqft

Double Storey Semi-D

RM 980,000

LORONG MERBAU INDAH 3

5,554 sqft · RM 176 PSF

Feb 2022

LORONG MERBAU INDAH 3

RM 980,000

RM 176

5,554 sqft

Feb 2022

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