TAMAN MERBAU INDAH

TAMAN MERBAU INDAH in Seberang Perai Utara, Penang recorded 11 Double Storey Shop properties subsale transactions between 2021 and 2025 for double storey shop properties, with a median price of RM 928K and a median price per square foot (PSF) of RM 682.

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 928K, with most transactions falling within a stable range of RM 770K to RM 1.09 million, and a typical market range of RM 793K to RM 1.06 million.

Within the Double Storey Shop category, 2 - 2 1/2 storey terraced dominated the market, with high diversity across multiple property types.

The median PSF stands at RM 682, with core pricing between RM 561 and RM 803. Market pricing typically extends from RM 577.50 to RM 786.50, reflecting moderate variation in unit pricing. The spread of RM 209.00 (IQR) and deviation of RM 121 (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.