TAMAN MERBAU

TAMAN MERBAU in Seberang Perai Utara, Penang recorded 4 subsale transactions between 2021 and 2025, with a median price of RM 402K and a median price per square foot (PSF) of RM 279.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 402K, with most transactions falling within a stable range of RM 329K to RM 474K, and a typical market range of RM 338K to RM 465K.

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

The median PSF stands at RM 279, with core pricing between RM 227 and RM 331. Market pricing typically extends from RM 228.13 to RM 328.88, reflecting moderate variation in unit pricing. The spread of RM 100.75 (IQR) and deviation of RM 52 (MAD) suggest moderate price variations reflecting different property features.

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.