TAMAN MERBAU INDAH

TAMAN MERBAU INDAH in Seberang Perai Utara, Penang recorded 10 Double Storey Semi-D properties subsale transactions between 2021 and 2025 for double storey semi-d properties, with a median price of RM 878K and a median price per square foot (PSF) of RM 290.

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 878K, with most transactions falling within a stable range of RM 739K to RM 1.02 million, and a typical market range of RM 743K to RM 1.01 million.

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

The median PSF stands at RM 290, with core pricing between RM 234 and RM 346. Market pricing typically extends from RM 185.50 to RM 394.50, reflecting moderate variation in unit pricing. The spread of RM 209.00 (IQR) and deviation of RM 56 (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.