Penang
Seberang Perai Utara
11
TAMAN MERBAU INDAH

TAMAN MERBAU INDAH

Area Intelligence

2023

Median Price

RM 600,000

PSF: RM 333

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Residential PSF Trends

Median Price

RM 600,000

PSF: RM 333

Commercial PSF Trends

Median Price

RM 888,000

RM 507 PSF

TAMAN MERBAU INDAH in Seberang Perai Utara, Penang recorded 16 subsale transactions in 2023, with a median price of RM 600K and a median price per square foot (PSF) of RM 333.

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 600K, with most transactions falling within a stable range of RM 540K to RM 660K, and a typical market range of RM 500K to RM 710K.

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 333, though individual units vary from RM 255 to RM 410 in the core range. The broader market spans RM 228.00 to RM 437.00, indicating diverse property characteristics. 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. 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

10 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

1,250 sqft

Double Storey Terraced

1,250 sqft

Double Storey Terraced

RM 580,000

LORONG MERBAU INDAH 10

1,227 sqft · RM 473 PSF

Sep 2023

RM 600,000

LORONG MERBAU INDAH 12

1,227 sqft · RM 489 PSF

Sep 2023

RM 580,000

LORONG MERBAU INDAH 12

1,227 sqft · RM 473 PSF

Mar 2023

RM 500,000

JALAN MERBAU INDAH 10

1,227 sqft · RM 407 PSF

Feb 2023

LORONG MERBAU INDAH 10	RM 580,000	RM 473	1,227 sqft	Sep 2023
LORONG MERBAU INDAH 12	RM 600,000	RM 489	1,227 sqft	Sep 2023
LORONG MERBAU INDAH 12	RM 580,000	RM 473	1,227 sqft	Mar 2023
JALAN MERBAU INDAH 10	RM 500,000	RM 407	1,227 sqft	Feb 2023

1,300 sqft

Double Storey Terraced

1,300 sqft

Double Storey Terraced

RM 605,000

LORONG MERBAU INDAH 14

1,302 sqft · RM 465 PSF

Nov 2023

RM 600,000

LORONG MERBAU INDAH 14

1,302 sqft · RM 461 PSF

Mar 2023

LORONG MERBAU INDAH 14	RM 605,000	RM 465	1,302 sqft	Nov 2023
LORONG MERBAU INDAH 14	RM 600,000	RM 461	1,302 sqft	Mar 2023

1,750 sqft

Double Storey Terraced

1,750 sqft

Double Storey Terraced

RM 671,000

LORONG MERBAU INDAH

1,765 sqft · RM 380 PSF

Sep 2023

LORONG MERBAU INDAH

RM 671,000

RM 380

1,765 sqft

Sep 2023

1,850 sqft

Double Storey Terraced

1,850 sqft

Double Storey Terraced

RM 610,000

LORONG MERBAU INDAH 10

1,841 sqft · RM 331 PSF

May 2023

LORONG MERBAU INDAH 10

RM 610,000

RM 331

1,841 sqft

May 2023

2,100 sqft

Double Storey Terraced

2,100 sqft

Double Storey Terraced

RM 701,000

LORONG MERBAU INDAH

2,099 sqft · RM 334 PSF

Sep 2023

LORONG MERBAU INDAH

RM 701,000

RM 334

2,099 sqft

Sep 2023

2,900 sqft

Double Storey Terraced

2,900 sqft

Double Storey Terraced

RM 710,000

LORONG MERBAU INDAH 12

2,885 sqft · RM 246 PSF

May 2023

LORONG MERBAU INDAH 12

RM 710,000

RM 246

2,885 sqft

May 2023

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