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 577K to RM 723K, and a typical market range of RM 515K to RM 731K.

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

The median PSF stands at RM 407, with core pricing between RM 330 and RM 484. Market pricing typically extends from RM 302.50 to RM 511.50, reflecting moderate variation in unit pricing. The spread of RM 209.00 (IQR) and deviation of RM 77 (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. 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

OSM

Track location

Transactions

15 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)

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

Min Size (sqft)

Max Size (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

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 565,000

JALAN MERBAU INDAH 1

1,227 sqft · RM 460 PSF

May 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
JALAN MERBAU INDAH 1	RM 565,000	RM 460	1,227 sqft	May 2022

1,300 sqft

Double Storey Terraced

1,300 sqft

Double Storey Terraced

RM 680,000

LORONG MERBAU INDAH 14

1,302 sqft · RM 522 PSF

Dec 2022

RM 650,000

LORONG MERBAU INDAH 12

1,302 sqft · RM 499 PSF

Oct 2022

RM 573,000

LORONG MERBAU INDAH 14

1,302 sqft · RM 440 PSF

Aug 2022

RM 650,000

LORONG MERBAU INDAH 14

1,302 sqft · RM 499 PSF

Jul 2022

RM 575,000

JALAN MERBAU INDAH 12

1,302 sqft · RM 441 PSF

Mar 2022

RM 565,000

LORONG MERBAU INDAH 14

1,302 sqft · RM 434 PSF

Mar 2022

RM 628,000

JALAN MERBAU INDAH 11

1,302 sqft · RM 482 PSF

Feb 2022

LORONG MERBAU INDAH 14	RM 680,000	RM 522	1,302 sqft	Dec 2022
LORONG MERBAU INDAH 12	RM 650,000	RM 499	1,302 sqft	Oct 2022
LORONG MERBAU INDAH 14	RM 573,000	RM 440	1,302 sqft	Aug 2022
LORONG MERBAU INDAH 14	RM 650,000	RM 499	1,302 sqft	Jul 2022
JALAN MERBAU INDAH 12	RM 575,000	RM 441	1,302 sqft	Mar 2022
LORONG MERBAU INDAH 14	RM 565,000	RM 434	1,302 sqft	Mar 2022
JALAN MERBAU INDAH 11	RM 628,000	RM 482	1,302 sqft	Feb 2022

1,550 sqft

Double Storey Terraced

1,550 sqft

Double Storey Terraced

RM 720,000

LORONG MERBAU INDAH 13

1,561 sqft · RM 461 PSF

Dec 2022

LORONG MERBAU INDAH 13

RM 720,000

RM 461

1,561 sqft

Dec 2022

1,850 sqft

Double Storey Terraced

1,850 sqft

Double Storey Terraced

RM 635,000

LORONG MERBAU INDAH 10

1,841 sqft · RM 345 PSF

Oct 2022

LORONG MERBAU INDAH 10

RM 635,000

RM 345

1,841 sqft

Oct 2022

2,000 sqft

Double Storey Terraced

2,000 sqft

Double Storey Terraced

RM 715,000

LORONG MERBAU INDAH 11

2,002 sqft · RM 357 PSF

Apr 2022

LORONG MERBAU INDAH 11

RM 715,000

RM 357

2,002 sqft

Apr 2022

2,550 sqft

Double Storey Semi-D

2,550 sqft

Double Storey Semi-D

RM 650,000

JALAN MERBAU INDAH 1

2,573 sqft · RM 253 PSF

Oct 2022

JALAN MERBAU INDAH 1

RM 650,000

RM 253

2,573 sqft

Oct 2022

2,650 sqft

Double Storey Semi-D

2,650 sqft

Double Storey Semi-D

RM 731,000

LORONG MERBAU INDAH 3

2,626 sqft · RM 278 PSF

Apr 2022

LORONG MERBAU INDAH 3

RM 731,000

RM 278

2,626 sqft

Apr 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