Taman Merbau Indah

11, Jln Merbau Indah, Taman Merbau Indah, 13800 Tasek Gelugor, Pulau Pinang, Malaysia

Property Transactions

24 subsales grouped by size

Median
RM 717,500
PSF
RM 303
Price Size
2,350 sqft
2-Sty Terrace
RM 648,000
Lorong Merbau Indah
2,368 sqft · RM 274 PSF
RM 673,000
Lorong Merbau Indah
2,368 sqft · RM 284 PSF
RM 675,000
Lorong Merbau Indah
2,368 sqft · RM 285 PSF
RM 671,000
Lorong Merbau Indah
2,368 sqft · RM 283 PSF
RM 669,000
Lorong Merbau Indah
2,368 sqft · RM 283 PSF
RM 700,000
Lorong Merbau Indah
2,368 sqft · RM 296 PSF
+8 more
2,500 sqft
2-Sty Shop
RM 958,000
Jalan Merbau Indah
2,497 sqft · RM 384 PSF
RM 953,000
Jalan Merbau Indah
2,497 sqft · RM 382 PSF
RM 928,000
Jalan Merbau Indah
2,497 sqft · RM 372 PSF
RM 928,000
Jalan Merbau Indah
2,497 sqft · RM 372 PSF
RM 928,000
Jalan Merbau Indah
2,497 sqft · RM 372 PSF
RM 888,000
Jalan Merbau Indah
2,497 sqft · RM 356 PSF
+4 more
Legend Recent Highest Price Highest PSF
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Market Snapshot

RM 674,000

RM 285 psf

Median transaction price

RM 908,000

RM 364 psf

Median transaction price

Taman Merbau Indah
© OpenStreetMap · CARTO

11, Jln Merbau Indah, Taman Merbau Indah, 13800 Tasek Gelugor, Pulau Pinang, Malaysia

Maps

Taman Merbau Indah in Seberang Perai Utara, Penang recorded 24 subsale transactions between 2021 and 2026, sized between 2,301 and 2,500 sqft, with a median price of RM 718K and a median price per square foot (PSF) of RM 303.

This area contains both residential and commercial properties. View 64 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 718K, with most transactions falling within a stable range of RM 628K to RM 824K, and a typical market range of RM 628K to RM 853K.

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

The median PSF stands at RM 303, with core pricing between RM 266 and RM 340. Market pricing typically extends from RM 198.99 to RM 406.99, reflecting moderate variation in unit pricing. With an IQR of RM 208.00 and MAD of RM 37, the PSF demonstrates reasonable consistency across the market.

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.