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 466K 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.

Price per square foot shows a median of RM 407, though individual units vary from RM 297 to RM 517 in the core range. The broader market spans RM 302.50 to RM 511.50, indicating diverse property characteristics. A wider spread (IQR: RM 209.00) and deviation (MAD: RM 110) 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

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Transactions

6 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

600 sqft

Low-Cost Flat

600 sqft

Low-Cost Flat

RM 100,000

Level 1

603 sqft · RM 166 PSF

Nov 2022

RM 85,000

Level 4

603 sqft · RM 141 PSF

Sep 2022

RM 140,000

Level 2

603 sqft · RM 232 PSF

Mar 2022

RM 100,000

Level G

603 sqft · RM 166 PSF

Jan 2022

Level 1	RM 100,000	RM 166	603 sqft	Nov 2022
Level 4	RM 85,000	RM 141	603 sqft	Sep 2022
Level 2	RM 140,000	RM 232	603 sqft	Mar 2022
Level G	RM 100,000	RM 166	603 sqft	Jan 2022

1,250 sqft

Double Storey Terraced

1,250 sqft

Double Storey Terraced

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

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

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