TAMAN MERBAU INDAH

TAMAN MERBAU INDAH in Seberang Perai Utara, Penang recorded 0 subsale transactions in 2022, with a median price of RM 650K and a median price per square foot (PSF) of RM 406.

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 650K, with most transactions falling within a stable range of RM 530K to RM 770K, and a typical market range of RM 515K to RM 785K.

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

Price per square foot shows a median of RM 406, though individual units vary from RM 313 to RM 499 in the core range. The broader market spans RM 301.50 to RM 510.50, indicating diverse property characteristics. The spread of RM 209.00 (IQR) and deviation of RM 93 (MAD) suggest moderate price variations reflecting different property features.

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. Limited transaction history suggests carefully evaluating comparable sales data.