LIST

Penang, Seberang Perai Utara, 11

TAMAN MERBAU INDAH

Area Intelligence
2024
Median Price
RM 146,000
PSF: RM 231
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Residential PSF Trends

Median Price

RM 139,000

PSF: RM 215

Commercial PSF Trends

Median Price

RM 162,500

RM 265 PSF

TAMAN MERBAU INDAH in Seberang Perai Utara, Penang recorded 7 subsale transactions in 2024, with a median price of RM 146K and a median price per square foot (PSF) of RM 231.

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 146K, with most transactions falling within a stable range of RM 132K to RM 160K, and a typical market range of RM 125K to RM 165K.

Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.

The median PSF stands at RM 231, with core pricing between RM 206 and RM 256. Market pricing typically extends from RM 126.50 to RM 335.50, reflecting moderate variation in unit pricing. With an IQR of RM 209.00 and MAD of RM 25, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN MERBAU INDAH, Seberang Perai Utara, Penang

OSM

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Transactions

7 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
600 sqft
RM 139,000
Level 1
603 sqft · RM 231 PSF
RM 160,000
Level G
603 sqft · RM 265 PSF
RM 165,000
Level G
624 sqft · RM 264 PSF
RM 125,000
Level G
603 sqft · RM 207 PSF
700 sqft
Low-Cost Flat
RM 160,000
Level 3
678 sqft · RM 236 PSF
RM 146,000
Level 2
678 sqft · RM 215 PSF
RM 133,000
Level 4
678 sqft · RM 196 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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