Taman Merbau Indah
11, Jln Merbau Indah, Taman Merbau Indah, 13800 Tasek Gelugor, Pulau Pinang, Malaysia
11, Jln Merbau Indah, Taman Merbau Indah, 13800 Tasek Gelugor, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 1
|
RM 200,000
|
RM 332
|
603 sqft
|
|
LC Flat |
|
Level 1
|
RM 139,000
|
RM 231
|
603 sqft
|
|
LC Flat |
|
Level G
|
RM 160,000
|
RM 265
|
603 sqft
|
|
Shop |
|
Level G
|
RM 165,000
|
RM 264
|
624 sqft
|
|
Shop |
|
Level G
|
RM 125,000
|
RM 207
|
603 sqft
|
|
LC Flat |
|
Level 4
|
RM 120,000
|
RM 199
|
603 sqft
|
|
LC Flat |
|
Level 3
|
RM 160,000
|
RM 236
|
678 sqft
|
|
|
|
Level 4
|
RM 133,000
|
RM 196
|
678 sqft
|
|
|
|
Level 2
|
RM 146,000
|
RM 215
|
678 sqft
|
|
|
Jalan Merbau Indah 10
|
RM 500,000
|
RM 318
|
1,572 sqft
|
|
|
|
Lorong Merbau Indah 10
|
RM 500,000
|
RM 318
|
1,572 sqft
|
|
|
|
Lorong Merbau Indah 12
|
RM 490,000
|
RM 312
|
1,572 sqft
|
|
|
|
Jalan Merbau Indah 1
|
RM 488,000
|
RM 311
|
1,572 sqft
|
|
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Market Snapshot
RM 143,000
RM 231 psfMedian transaction price
RM 162,500
RM 265 psfMedian transaction price
11, Jln Merbau Indah, Taman Merbau Indah, 13800 Tasek Gelugor, Pulau Pinang, Malaysia
MapsTaman Merbau Indah in Seberang Perai Utara, Penang recorded 20 subsale transactions between 2021 and 2026, priced between RM 85K and RM 500K, with a median price of RM 148K and a median price per square foot (PSF) of RM 234.
This area contains both residential and commercial properties. View 64 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 148K, with most transactions falling within a stable range of RM 85K to RM 293K, and a typical market range of RM 85K to RM 283K.
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 234, though individual units vary from RM 180 to RM 289 in the core range. The broader market spans RM 130.10 to RM 338.10, indicating diverse property characteristics. The spread of RM 208.00 (IQR) and deviation of RM 54 (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. Moderate transaction volume may require patience when buying or selling.