Taman Seri Merbau
13800 Butterworth, Penang, Malaysia
13800 Butterworth, Penang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Lorong Merbau Jaya 5
|
RM 500,000
|
RM 290
|
1,722 sqft
|
|
|
|
Lorong Merbau Jaya 5
|
RM 690,000
|
RM 401
|
1,722 sqft
|
|
|
|
Lorong Seri Merbau 2
|
RM 600,000
|
RM 348
|
1,722 sqft
|
|
|
Lorong Merbau Jaya 1
|
RM 808,000
|
RM 334
|
2,422 sqft
|
|
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Market Snapshot
ResidentialRM 600,000
RM 378 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 RM 645K and a median price per square foot (PSF) of RM 348.
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 RM 645K, with most transactions falling within a stable range of RM 550K to RM 740K, and a typical market range of RM 573K to RM 717K.
Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.
The median PSF stands at RM 348, with core pricing between RM 282 and RM 415. Market pricing typically extends from RM 277.77 to RM 419.02, reflecting moderate variation in unit pricing. The spread of RM 141.25 (IQR) and deviation of RM 67 (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.