LIST

Penang, Seberang Perai Utara, 11

TAMAN MERBAU INDAH

Area Intelligence
2024
Median Price
RM 929,000
PSF: RM 413
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Residential PSF Trends

Median Price

RM 930,000

PSF: RM 366

Commercial PSF Trends

Median Price

RM 928,000

RM 459 PSF

TAMAN MERBAU INDAH in Seberang Perai Utara, Penang recorded 2 subsale transactions in 2024, with a median price of RM 929K and a median price per square foot (PSF) of RM 413.

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 929K, with most transactions falling within a stable range of RM 928K to RM 930K, and a typical market range of RM 928K to RM 930K.

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

The median PSF stands at RM 413, with core pricing between RM 366 and RM 459. Market pricing typically extends from RM 308.00 to RM 517.00, reflecting moderate variation in unit pricing. With an IQR of RM 209.00 and MAD of RM 47, 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. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. 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

View Type

Grouped View Individual View

Property Type

All Types
Categories
Residential Commercial
Specific Types
Single Storey Semi-D Single Storey Shop Single Storey Terraced Double Storey Semi-D Double Storey Shop Double Storey Terraced 3-Storey Shop 4-Storey Shop 5-Storey Shop 6-Storey Shop Cluster House Condo/Apartment Bungalow Detached Factory Flat Industrial Unit Low-Cost Flat Low-Cost House Office Lot SOHO/SOFO/SOVO Semi-D Factory Service Apartment Shop/Retail Lot Terraced Factory Town House

Year

All Years 2025 2024 2023 2022 2021
Popular Ranges
Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+
Custom Range
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
Clear
2,000 sqft
Double Storey Shop
RM 928,000
JALAN MERBAU INDAH
2,024 sqft · RM 459 PSF
2,550 sqft
Double Storey Semi-D
RM 930,000
LORONG MERBAU INDAH 8
2,540 sqft · RM 366 PSF

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

No Properties For Sale

There are currently no properties listed for sale in this area.

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