Taman Merbau

Butterworth, Pulau Pinang, Malaysia

Property Transactions

1 subsales grouped by size · Terrace →

Median
RM 355,000
PSF
RM 246
Price Size
Period
transactions middle 50% (P25–P75)
1,450 sqft
Terrace
RM 355,000
Tingkat Merbau 2
1,442 sqft · RM 246 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM 355,000

RM 246 psf

Median transaction price

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Taman Merbau, Butterworth, Pulau Pinang, Malaysia

Maps

Taman Merbau in Seberang Perai Utara, Penang recorded 1 subsale transactions in 2021, with a median price of RM 355K and a median price per square foot (PSF) of RM 246.

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 246, with most transactions between RM 246 and RM 246. The usual range is RM 195.75 to RM 296.50, 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.