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
|
|
|
|
Lorong Merbau Jaya 5
|
RM 690,000
|
RM 401
|
1,722 sqft
|
|
|
|
Lorong Seri Merbau 2
|
RM 600,000
|
RM 348
|
1,722 sqft
|
|
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Market Snapshot
ResidentialRM 600,000
RM 348 psfMedian transaction price
Taman Seri Merbau, 13800 Butterworth, Penang, Malaysia
MapsTaman Seri Merbau in Seberang Perai Utara, Penang recorded 3 Double Storey Terraced properties subsale transactions between 2021 and 2026, with a median price of RM 600K and a median price per square foot (PSF) of RM 348.
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.
The median PSF stands at RM 348, with core pricing between RM 303 and RM 393. Market pricing typically extends from RM 277.77 to RM 419.02, reflecting moderate variation in unit pricing. With an IQR of RM 141.25 and MAD of RM 45, 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.