Taman Merbau Indah

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

Property Transactions

3 subsales found

Price Size
Period
transactions middle 50% (P25–P75)
RM160,000
Level 3
678 sqft RM236 PSF
RM146,000
Level 2
678 sqft RM215 PSF
RM133,000
Level 4
678 sqft RM196 PSF
Legend Recent Highest Price Highest PSF

Selling in Taman Merbau Indah? Homes here sold for a median of RM146,000.

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

Market Snapshot

RM146,000

RM215 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 3 subsale transactions between 2021 and 2026, sized between 675 and 724 sqft, with a median price of RM146K and a median price per square foot (PSF) of RM215.

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 RM146K, with most transactions falling within a stable range of RM135K to RM157K, and a typical market range of RM133K to RM160K.

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

For price per square foot, the median is RM215, with most transactions between RM199 and RM232. The usual range is RM111.30 to RM319.30, showing that most units are priced quite close to each other. With an IQR of RM208.00 and MAD of RM16, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.