Taman Merbau Indah
11, Jln Merbau Indah, Taman Merbau Indah, 13800 Tasek Gelugor, Pulau Pinang, Malaysia
11, Jln Merbau Indah, Taman Merbau Indah, 13800 Tasek Gelugor, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Merbau Indah 1
|
RM 488,000
|
RM 311
|
1,572 sqft
|
|
|
Solok Merbau Indah 3
|
RM 650,000
|
RM 351
|
1,851 sqft
|
|
|
Lorong Merbau Indah 14
|
RM 560,000
|
RM 253
|
2,217 sqft
|
|
|
Lorong Merbau Indah 14
|
RM 745,000
|
RM 315
|
2,368 sqft
|
|
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Market Snapshot
RM 605,000
RM 313 psfMedian transaction price
RM 888,000
RM 507 psfMedian transaction price
11, Jln Merbau Indah, Taman Merbau Indah, 13800 Tasek Gelugor, Pulau Pinang, Malaysia
MapsTaman Merbau Indah in Seberang Perai Utara, Penang recorded 4 subsale transactions in 2021, with a median price of RM 605K and a median price per square foot (PSF) of RM 313.
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 605K, with most transactions falling within a stable range of RM 509K to RM 701K, and a typical market range of RM 488K to RM 740K.
Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.
The median PSF stands at RM 313, with core pricing between RM 277 and RM 348. Market pricing typically extends from RM 208.56 to RM 416.56, reflecting moderate variation in unit pricing. With an IQR of RM 208.00 and MAD of RM 35, the PSF demonstrates reasonable consistency across the market.
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.