Penang
Seberang Perai Utara
11
TAMAN SERI MERBAU

TAMAN SERI MERBAU

Area Intelligence

Median Price

RM 690,000

PSF: RM 162

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Residential PSF Trends

Median Price

RM 690,000

PSF: RM 162

Commercial PSF Trends

Median Price

RM 808,000

RM 511 PSF

TAMAN SERI MERBAU in Seberang Perai Utara, Penang recorded 1 subsale transactions between 2021 and 2025, with a median price of RM 690K and a median price per square foot (PSF) of RM 162.

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 690K, with most transactions falling within a stable range of RM 595K to RM 785K, and a typical market range of RM 618K to RM 762K.

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

Price per square foot shows a median of RM 162, though individual units vary from RM 96 to RM 229 in the core range. The broader market spans RM 91.38 to RM 232.63, indicating diverse property characteristics. A wider spread (IQR: RM 141.25) and deviation (MAD: RM 67) indicate significant PSF variations, likely due to diverse property types or conditions.

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.

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TAMAN SERI MERBAU, Seberang Perai Utara, Penang

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