Penang
Seberang Perai Utara
11
TAMAN MERBAU INDAH

TAMAN MERBAU INDAH

Area Intelligence

2023

Median Price

RM 772,500

PSF: RM 323

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Residential PSF Trends

Median Price

RM 772,500

PSF: RM 323

Commercial PSF Trends

Median Price

RM 888,000

RM 507 PSF

TAMAN MERBAU INDAH in Seberang Perai Utara, Penang recorded 4 subsale transactions in 2023, with a median price of RM 773K and a median price per square foot (PSF) of RM 323.

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 773K, with most transactions falling within a stable range of RM 701K to RM 867K, and a typical market range of RM 701K to RM 908K.

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

The median PSF stands at RM 323, with core pricing between RM 288 and RM 358. Market pricing typically extends from RM 218.50 to RM 427.50, reflecting moderate variation in unit pricing. With an IQR of RM 209.00 and MAD of RM 35, 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

4 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

2,100 sqft

Double Storey Terraced

2,100 sqft

Double Storey Terraced

RM 701,000

LORONG MERBAU INDAH

2,099 sqft · RM 334 PSF

Sep 2023

LORONG MERBAU INDAH

RM 701,000

RM 334

2,099 sqft

Sep 2023

2,550 sqft

Double Storey Semi-D

2,550 sqft

Double Storey Semi-D

RM 835,000

LORONG MERBAU INDAH 8

2,573 sqft · RM 325 PSF

Mar 2023

LORONG MERBAU INDAH 8

RM 835,000

RM 325

2,573 sqft

Mar 2023

2,900 sqft

RM 930,000

JALAN MERBAU INDAH 1

2,895 sqft · RM 321 PSF

Oct 2023

RM 710,000

LORONG MERBAU INDAH 12

2,885 sqft · RM 246 PSF

May 2023

JALAN MERBAU INDAH 1	RM 930,000	RM 321	2,895 sqft	Oct 2023	Double Storey Semi-D
LORONG MERBAU INDAH 12	RM 710,000	RM 246	2,885 sqft	May 2023	Double Storey Terraced

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