Penang
Seberang Perai Utara
11
TAMAN MERBAU INDAH

TAMAN MERBAU INDAH

Area Intelligence

2022

Median Price

RM 745,500

PSF: RM 288

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Residential PSF Trends

Median Price

RM 745,500

PSF: RM 288

Commercial PSF Trends

Median Price

RM 888,000

RM 507 PSF

TAMAN MERBAU INDAH in Seberang Perai Utara, Penang recorded 6 subsale transactions in 2022, with a median price of RM 746K and a median price per square foot (PSF) of RM 288.

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 746K, with most transactions falling within a stable range of RM 662K to RM 829K, and a typical market range of RM 650K to RM 881K.

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

The median PSF stands at RM 288, with core pricing between RM 238 and RM 338. Market pricing typically extends from RM 183.50 to RM 392.50, reflecting moderate variation in unit pricing. The spread of RM 209.00 (IQR) and deviation of RM 50 (MAD) suggest moderate price variations reflecting different property features.

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

6 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

2,000 sqft

Double Storey Terraced

2,000 sqft

Double Storey Terraced

RM 715,000

LORONG MERBAU INDAH 11

2,002 sqft · RM 357 PSF

Apr 2022

LORONG MERBAU INDAH 11

RM 715,000

RM 357

2,002 sqft

Apr 2022

2,550 sqft

Double Storey Semi-D

2,550 sqft

Double Storey Semi-D

RM 650,000

JALAN MERBAU INDAH 1

2,573 sqft · RM 253 PSF

Oct 2022

RM 760,000

LORONG MERBAU INDAH 8

2,551 sqft · RM 298 PSF

Oct 2022

RM 800,000

LORONG MERBAU INDAH 8

2,573 sqft · RM 311 PSF

Sep 2022

JALAN MERBAU INDAH 1	RM 650,000	RM 253	2,573 sqft	Oct 2022
LORONG MERBAU INDAH 8	RM 760,000	RM 298	2,551 sqft	Oct 2022
LORONG MERBAU INDAH 8	RM 800,000	RM 311	2,573 sqft	Sep 2022

2,650 sqft

Double Storey Semi-D

2,650 sqft

Double Storey Semi-D

RM 731,000

LORONG MERBAU INDAH 3

2,626 sqft · RM 278 PSF

Apr 2022

LORONG MERBAU INDAH 3

RM 731,000

RM 278

2,626 sqft

Apr 2022

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

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