Area Intelligence

TAMAN MERPATI INDAH

1 properties
2024
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Median Price
RM 90,000
PSF: RM 144

Residential Market

Median Price

RM 90,000

IQR: RM 98
MAD: RM 39
RM 144 PSF 2.2%

PSF Trends (2021-2025)

TAMAN MERPATI INDAH in Seberang Perai Selatan, Penang recorded 1 subsale transactions in 2024, with a median price of RM 90K and a median price per square foot (PSF) of RM 144.

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 flats, with high diversity across multiple property types.

For price per square foot, the median is RM 144, with most transactions between RM 144 and RM 144. The usual range is RM 94.88 to RM 193.13, showing that most units are priced quite close to each other. With an IQR of RM 98.25 and MAD of RM 0, 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.

Area Location

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TAMAN MERPATI INDAH, Seberang Perai Selatan, Penang

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Transactions

1 properties grouped by size

600 sqft
1 units Flat
RM 90,000
624 sqft · RM 144.00 PSF
Oct 2024