Penang
Seberang Perai Utara
11
TAMAN MERBAU INDAH

TAMAN MERBAU INDAH

Area Intelligence

2022

Median Price

RM 950,000

PSF: RM 186

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Residential PSF Trends

Median Price

RM 950,000

PSF: RM 186

Commercial PSF Trends

Median Price

RM 888,000

RM 507 PSF

TAMAN MERBAU INDAH in Seberang Perai Utara, Penang recorded 2 subsale transactions in 2022, with a median price of RM 950K and a median price per square foot (PSF) of RM 186.

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 950K, with most transactions falling within a stable range of RM 920K to RM 980K, and a typical market range of RM 920K to RM 980K.

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

For price per square foot, the median is RM 186, with most transactions between RM 176 and RM 195. The usual range is RM 81.00 to RM 290.00, showing that most units are priced quite close to each other. With an IQR of RM 209.00 and MAD of RM 10, 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+

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

4,750 sqft

Double Storey Semi-D

4,750 sqft

Double Storey Semi-D

RM 920,000

LORONG MERBAU INDAH 4

4,725 sqft · RM 195 PSF

Mar 2022

LORONG MERBAU INDAH 4

RM 920,000

RM 195

4,725 sqft

Mar 2022

5,550 sqft

Double Storey Semi-D

5,550 sqft

Double Storey Semi-D

RM 980,000

LORONG MERBAU INDAH 3

5,554 sqft · RM 176 PSF

Feb 2022

LORONG MERBAU INDAH 3

RM 980,000

RM 176

5,554 sqft

Feb 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