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
|
|
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Market Snapshot
ResidentialRM 500,000
RM 290 psfMedian transaction price
Taman Seri Merbau, 13800 Butterworth, Penang, Malaysia
MapsTaman Seri Merbau in Seberang Perai Utara, Penang recorded 1 subsale transactions between 2021 and 2026, with a median price of RM 500K and a median price per square foot (PSF) of RM 290.
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.
Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.
For price per square foot, the median is RM 290, with most transactions between RM 290 and RM 290. The usual range is RM 219.70 to RM 360.95, showing that most units are priced quite close to each other. With an IQR of RM 141.25 and MAD of RM 0, 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. 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.