Taman Merbau Indah

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

Property Transactions

14 subsales grouped by size

Median
RM 136,000
PSF
RM 215
Price Size
600 sqft
LC Flat
RM 200,000
Level 1
603 sqft · RM 332 PSF
RM 139,000
Level 1
603 sqft · RM 231 PSF
RM 125,000
Level G
603 sqft · RM 207 PSF
RM 120,000
Level 4
603 sqft · RM 199 PSF
RM 155,000
Level 3
603 sqft · RM 257 PSF
RM 130,000
Level 1
603 sqft · RM 216 PSF
+5 more
700 sqft
LC Flat
RM 160,000
Level 3
678 sqft · RM 236 PSF
RM 146,000
Level 2
678 sqft · RM 215 PSF
RM 133,000
Level 4
678 sqft · RM 196 PSF
Legend Recent Highest Price Highest PSF
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Market Snapshot

RM 136,000

RM 215 psf

Median transaction price

RM 888,000

RM 507 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 14 Low-Cost Flat properties subsale transactions between 2021 and 2026, with a median price of RM 136K and a median price per square foot (PSF) of RM 215.

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 136K, with most transactions falling within a stable range of RM 108K to RM 164K, and a typical market range of RM 85K to RM 200K.

Within the Low-Cost Flat category, 2 - 2 1/2 storey terraced dominated the market, with high diversity across multiple property types.

Price per square foot shows a median of RM 215, though individual units vary from RM 170 to RM 261 in the core range. The broader market spans RM 111.48 to RM 319.48, indicating diverse property characteristics. The spread of RM 208.00 (IQR) and deviation of RM 45 (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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.