Taman Merbau Indah

11, Jln Merbau Indah, Taman Merbau Indah, 13800 Tasek Gelugor, Pulau Pinang, Malaysia

Property Transactions

11 subsales grouped by size

Median
RM 928,000
PSF
RM 372
Price Size
2,500 sqft
2-Sty Shop
RM 958,000
Jalan Merbau Indah
2,497 sqft · RM 384 PSF
RM 953,000
Jalan Merbau Indah
2,497 sqft · RM 382 PSF
RM 928,000
Jalan Merbau Indah
2,497 sqft · RM 372 PSF
RM 928,000
Jalan Merbau Indah
2,497 sqft · RM 372 PSF
RM 928,000
Jalan Merbau Indah
2,497 sqft · RM 372 PSF
RM 888,000
Jalan Merbau Indah
2,497 sqft · RM 356 PSF
+4 more
3,100 sqft
2-Sty Shop
RM 1,378,000
Jalan Merbau Indah
3,078 sqft · RM 448 PSF
Legend Recent Highest Price Highest PSF
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Market Snapshot

RM 607,500

RM 373 psf

Median transaction price

RM 928,000

RM 372 psf

Median transaction price

Taman Merbau Indah
© OpenStreetMap · CARTO

11, Jln Merbau Indah, Taman Merbau Indah, 13800 Tasek Gelugor, Pulau Pinang, Malaysia

Maps

Taman Merbau Indah in Seberang Perai Utara, Penang recorded 11 Double Storey Shop properties subsale transactions between 2021 and 2026, with a median price of RM 928K and a median price per square foot (PSF) of RM 372.

This area contains both residential and commercial properties. View 64 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 372, with core pricing between RM 329 and RM 414. Market pricing typically extends from RM 267.61 to RM 475.61, reflecting moderate variation in unit pricing. With an IQR of RM 208.00 and MAD of RM 42, 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.