TAMAN MERBAU INDAH

TAMAN MERBAU INDAH in Seberang Perai Utara, Penang recorded 42 subsale transactions between 2021 and 2025, with a median price of RM 649K and a median price per square foot (PSF) of RM 468.

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 649K, with most transactions falling within a stable range of RM 529K to RM 769K, and a typical market range of RM 514K to RM 784K.

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

The median PSF stands at RM 468, with core pricing between RM 375 and RM 561. Market pricing typically extends from RM 363.00 to RM 572.00, reflecting moderate variation in unit pricing. The spread of RM 209.00 (IQR) and deviation of RM 93 (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.