TAMAN SERI MERBAU

Area Intelligence
Double Storey Terraced
Median Price
RM 600,000
PSF: RM 378

Residential PSF Trends

Median Price

RM 600,000

PSF: RM 378

Commercial PSF Trends

Median Price

RM 808,000

RM 511 PSF

TAMAN SERI MERBAU in Seberang Perai Utara, Penang recorded 3 Double Storey Terraced properties subsale transactions between 2021 and 2025 for double storey terraced properties, with a median price of RM 600K and a median price per square foot (PSF) of RM 378.

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 522K to RM 678K, and a typical market range of RM 528K to RM 672K.

Within the Double Storey Terraced category, 2 - 2 1/2 storey terraced dominated the market, though some variety exists in the market.

Price per square foot shows a median of RM 378, though individual units vary from RM 256 to RM 500 in the core range. The broader market spans RM 307.38 to RM 448.63, indicating diverse property characteristics. A wider spread (IQR: RM 141.25) and deviation (MAD: RM 122) 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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Transactions

3 transactions grouped by size

1,300 sqft
Double Storey Terraced
RM 500,000
LORONG MERBAU JAYA 5
1,324 sqft · RM 378 PSF
1,350 sqft
Double Storey Terraced
RM 600,000
LORONG SERI MERBAU 2
1,335 sqft · RM 450 PSF
4,250 sqft
Double Storey Terraced
RM 690,000
LORONG MERBAU JAYA 5
4,263 sqft · RM 162 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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