Penang
Seberang Perai Utara
11
TAMAN MERBAU INDAH

TAMAN MERBAU INDAH

Area Intelligence

Median Price

RM 671,000

PSF: RM 450

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Residential PSF Trends

Median Price

RM 650,000

PSF: RM 414

Commercial PSF Trends

Median Price

RM 928,000

RM 682 PSF

TAMAN MERBAU INDAH in Seberang Perai Utara, Penang recorded 54 subsale transactions between 2021 and 2025, with a median price of RM 671K and a median price per square foot (PSF) of RM 450.

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 665K to RM 500K, and a typical market range of RM 536K 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 450, with most transactions between RM 446 and RM 454. The usual range is RM 345.50 to RM 554.50, 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

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Transactions

4 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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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

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Road	Price	Land PSF	Land	Date	Type

1,250 sqft

Double Storey Terraced

1,250 sqft

Double Storey Terraced

RM 500,000

JALAN MERBAU INDAH 10

1,227 sqft · RM 407 PSF

Feb 2023

RM 500,000

LORONG MERBAU INDAH 10

1,227 sqft · RM 407 PSF

Jul 2022

RM 490,000

LORONG MERBAU INDAH 12

1,227 sqft · RM 399 PSF

Jun 2022

RM 488,000

JALAN MERBAU INDAH 1

1,227 sqft · RM 398 PSF

Oct 2021

JALAN MERBAU INDAH 10	RM 500,000	RM 407	1,227 sqft	Feb 2023
LORONG MERBAU INDAH 10	RM 500,000	RM 407	1,227 sqft	Jul 2022
LORONG MERBAU INDAH 12	RM 490,000	RM 399	1,227 sqft	Jun 2022
JALAN MERBAU INDAH 1	RM 488,000	RM 398	1,227 sqft	Oct 2021

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