TAMAN SERI MERBAU

TAMAN SERI MERBAU in Seberang Perai Utara, Penang recorded 3 subsale transactions between 2021 and 2025, with a median price of RM 600K and a median price per square foot (PSF) of RM 450.

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 600K, with most transactions falling within a stable range of RM 505K to RM 695K, and a typical market range of RM 528K to RM 672K.

Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.

The median PSF stands at RM 450, with core pricing between RM 384 and RM 517. Market pricing typically extends from RM 379.38 to RM 520.63, reflecting moderate variation in unit pricing. With an IQR of RM 141.25 and MAD of RM 67, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.