Taman Merbau Indah

11, Jln Merbau Indah, Taman Merbau Indah, 13800 Tasek Gelugor, Pulau Pinang, Malaysia

Property Transactions

9 subsales found

Price Size
Period
transactions middle 50% (P25–P75)
RM628,000
Lorong Merbau Indah 12
2,217 sqft RM283 PSF
RM580,000
Lorong Merbau Indah 12
2,217 sqft RM262 PSF
RM600,000
Lorong Merbau Indah 14
2,217 sqft RM271 PSF
RM770,000
Lorong Merbau Indah 14
2,217 sqft RM347 PSF
RM605,000
Lorong Merbau Indah 14
2,217 sqft RM273 PSF
RM600,000
Lorong Merbau Indah 14
2,217 sqft RM271 PSF
RM650,000
Lorong Merbau Indah 12
2,217 sqft RM293 PSF
RM573,000
Lorong Merbau Indah 14
2,217 sqft RM258 PSF
RM560,000
Lorong Merbau Indah 14
2,217 sqft RM253 PSF
Legend Recent Highest Price Highest PSF

Selling in Taman Merbau Indah? Homes here sold for a median of RM600,000.

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Most-traded areas in this mukim, by number of recorded subsale transactions. See every area in 11

Market Snapshot

RM600,000

RM271 psf

Median transaction price

RM888,000

RM507 psf

Median transaction price

Taman Merbau Indah
© OpenStreetMap · CARTO

11, Jln Merbau Indah, Taman Merbau Indah, 13800 Tasek Gelugor, Pulau Pinang, Malaysia

Maps

Taman Merbau Indah in Seberang Perai Utara, Penang recorded 9 subsale transactions between 2021 and 2026, sized between 2,175 and 2,224 sqft, with a median price of RM600K and a median price per square foot (PSF) of RM271.

This area contains both residential and commercial properties. View 64 residential properties or 13 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM600K, with most transactions falling within a stable range of RM560K to RM660K, and a typical market range of RM560K to RM735K.

Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.

For price per square foot, the median is RM271, with most transactions between RM244 and RM297. The usual range is RM166.59 to RM374.59, showing that most units are priced quite close to each other. With an IQR of RM208.00 and MAD of RM27, the PSF demonstrates reasonable consistency across the market.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.