Penang
Seberang Perai Utara
11
TAMAN MERBAU INDAH

TAMAN MERBAU INDAH

Area Intelligence

2025

Median Price

RM 953,000

PSF: RM 732

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Residential PSF Trends

Median Price

RM 600,000

PSF: RM 489

Commercial PSF Trends

Median Price

RM 955,500

RM 734 PSF

TAMAN MERBAU INDAH in Seberang Perai Utara, Penang recorded 3 subsale transactions in 2025, with a median price of RM 953K and a median price per square foot (PSF) of RM 732.

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 953K, with most transactions falling within a stable range of RM 833K to RM 1.07 million, and a typical market range of RM 818K to RM 1.09 million.

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

The median PSF stands at RM 732, with core pricing between RM 639 and RM 825. Market pricing typically extends from RM 627.50 to RM 836.50, reflecting moderate variation in unit pricing. With an IQR of RM 209.00 and MAD of RM 93, 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. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN MERBAU INDAH, Seberang Perai Utara, Penang

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Transactions

2 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

1,300 sqft

Double Storey Shop

1,300 sqft

Double Storey Shop

RM 958,000

JALAN MERBAU INDAH

1,302 sqft · RM 736 PSF

May 2025

RM 953,000

JALAN MERBAU INDAH

1,302 sqft · RM 732 PSF

Apr 2025

JALAN MERBAU INDAH	RM 958,000	RM 736	1,302 sqft	May 2025
JALAN MERBAU INDAH	RM 953,000	RM 732	1,302 sqft	Apr 2025

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