Taman Seri Merbau

13800 Butterworth, Penang, Malaysia

Property Transactions

4 subsales grouped by size · 2-Sty Terrace →

Period
transactions middle 50% (P25–P75)
1,700 sqft
2-Sty Terrace
RM500,000
Lorong Merbau Jaya 5
1,722 sqft · RM290 PSF
RM690,000
Lorong Merbau Jaya 5
1,722 sqft · RM401 PSF
RM600,000
Lorong Seri Merbau 2
1,722 sqft · RM348 PSF
2,400 sqft
2-Sty Shop
RM808,000
Lorong Merbau Jaya 1
2,422 sqft · RM334 PSF
Legend Recent Highest Price Highest PSF

Posts about Taman Seri Merbau

What’s happening in Taman Seri Merbau?

No posts about Taman Seri Merbau yet. Be the first to share what’s happening here.

Most-traded areas in this mukim, by number of recorded subsale transactions. See every area in 11

Market Snapshot

Residential

RM600,000

RM378 psf

Median transaction price

Taman Seri Merbau
© OpenStreetMap · CARTO

Taman Seri Merbau, 13800 Butterworth, Penang, Malaysia

Maps

Taman 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.