Taman Seri Merbau
13800 Butterworth, Penang, Malaysia
13800 Butterworth, Penang, Malaysia
Property Type
| Road | Price | PSF | Size | Date | Type |
|---|
|
Lorong Merbau Jaya 5
|
RM500,000
|
RM290
|
1,722 sqft
|
|
|
|
Lorong Merbau Jaya 5
|
RM690,000
|
RM401
|
1,722 sqft
|
|
|
|
Lorong Seri Merbau 2
|
RM600,000
|
RM348
|
1,722 sqft
|
|
|
Lorong Merbau Jaya 1
|
RM808,000
|
RM334
|
2,422 sqft
|
|
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Off Jalan Pokok Sena
PSF median price per sq ft · 12m its change over the past 12 months
Most-traded areas in this mukim, by number of recorded subsale transactions. See every area in 11
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Market Snapshot
ResidentialRM600,000
RM378 psfMedian transaction price
Taman Seri Merbau, 13800 Butterworth, Penang, Malaysia
MapsTaman Seri Merbau in Seberang Perai Utara, Penang recorded 4 subsale transactions between 2021 and 2026, with a median price of RM645K and a median price per square foot (PSF) of RM348.
This area contains both residential and commercial properties. View 3 residential properties or 1 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM645K, with most transactions falling within a stable range of RM550K to RM740K, and a typical market range of RM573K to RM717K.
Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.
The median PSF stands at RM348, with core pricing between RM282 and RM415. Market pricing typically extends from RM277.77 to RM419.02, reflecting moderate variation in unit pricing. The spread of RM141.25 (IQR) and deviation of RM67 (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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.