Taman Merbau
Butterworth, Pulau Pinang, Malaysia
Butterworth, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Lorong Merbau 3
|
RM 270,000
|
RM 207
|
1,302 sqft
|
|
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Market Snapshot
ResidentialRM 270,000
RM 207 psfMedian transaction price
Taman Merbau, Butterworth, Pulau Pinang, Malaysia
MapsTaman Merbau in Seberang Perai Utara, Penang recorded 1 subsale transactions between 2021 and 2026, with a median price of RM 270K and a median price per square foot (PSF) of RM 207.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat.
Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.
For price per square foot, the median is RM 207, with most transactions between RM 207 and RM 207. The usual range is RM 156.93 to RM 257.68, showing that most units are priced quite close to each other. With an IQR of RM 100.75 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.