TAMAN MERPATI INDAH
Residential Market
Median Price
RM 475,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Double Storey Terraced
44 properties
Median Price
RM 463,000
-3.9% CAGR
Median PSF
RM 317.00
+21.6% CAGR
Double Storey Shop
12 properties
Median Price
RM 680,000
+2.6% CAGR
Median PSF
RM 482.00
+2.6% CAGR
Flat
3 properties
Median Price
RM 105,000
+33.3% CAGR
Median PSF
RM 168.00
+33.3% CAGR
Double Storey Semi-D
2 properties
Median Price
RM 629,000
Median PSF
RM 154.00
| Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
|---|---|---|---|---|---|---|
| Double Storey Terraced | 44 |
RM 463,000
±1K MAD
|
-3.88% |
RM 317.00
±10 MAD
|
+21.64% | |
| Double Storey Shop | 12 |
RM 680,000
±5K MAD
|
+2.56% |
RM 482.00
±4 MAD
|
+2.56% | |
| Flat | 3 |
RM 105,000
±15K MAD
|
+33.33% |
RM 168.00
±24 MAD
|
+33.33% | |
| Double Storey Semi-D | 2 |
RM 629,000
|
- |
RM 154.00
|
- |
TAMAN MERPATI INDAH in Seberang Perai Selatan, Penang recorded 0 subsale transactions between 2021 and 2025, with a median price of RM 475K and a median price per square foot (PSF) of RM 192.
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 475K, with most transactions falling within a stable range of RM 321K to RM 629K, and a typical market range of RM 274K to RM 676K.
Most transactions involved flats, with high diversity across multiple property types.
Price per square foot shows a median of RM 192, though individual units vary from RM 154 to RM 231 in the core range. The broader market spans RM 142.88 to RM 241.13, indicating diverse property characteristics. The spread of RM 98.25 (IQR) and deviation of RM 39 (MAD) suggest moderate price variations reflecting different property features.
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.
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