Area Intelligence

TAMAN MERPATI INDAH

2 properties
2025
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Median Price
RM 120,000
PSF: RM 192

Residential Market

Median Price

RM 120,000

IQR: RM 98
MAD: RM 39
RM 192 PSF 2.2%

PSF Trends (2021-2025)

TAMAN MERPATI INDAH in Seberang Perai Selatan, Penang recorded 2 subsale transactions in 2025, with a median price of RM 120K 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 120K, with most transactions falling within a stable range of RM 110K to RM 130K, and a typical market range of RM 110K to RM 130K.

Most transactions involved flats, with high diversity across multiple property types.

For price per square foot, the median is RM 192, with most transactions between RM 176 and RM 208. The usual range is RM 142.88 to RM 241.13, showing that most units are priced quite close to each other. With an IQR of RM 98.25 and MAD of RM 16, 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

2 properties grouped by size

600 sqft
2 units Flat
RM 110,000
624 sqft · RM 176.00 PSF
Jan 2025
RM 130,000
624 sqft · RM 208.00 PSF
Jan 2025