Taman Merbau Indah

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

Property Transactions

6 subsales grouped by size

Median
RM 776,500
PSF
RM 367
Price Size
600 sqft
LC Flat
RM 200,000
Level 1
603 sqft · RM 332 PSF
1,550 sqft
2-Sty Terrace
RM 600,000
Lorong Merbau Indah 10
1,572 sqft · RM 382 PSF
2,200 sqft
2-Sty Terrace
RM 580,000
Lorong Merbau Indah 12
2,217 sqft · RM 262 PSF
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
3,100 sqft
Semi-D
RM 1,100,000
Lorong Merbau Indah 8
3,122 sqft · RM 352 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

RM 590,000

RM 342 psf

Median transaction price

RM 955,500

RM 383 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 6 subsale transactions in 2025, with a median price of RM 777K and a median price per square foot (PSF) of RM 367.

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 777K, with most transactions falling within a stable range of RM 471K to RM 1.08 million, and a typical market range of RM 642K to RM 912K.

Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.

The median PSF stands at RM 367, with core pricing between RM 324 and RM 410. Market pricing typically extends from RM 263.01 to RM 471.01, reflecting moderate variation in unit pricing. With an IQR of RM 208.00 and MAD of RM 43, 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.