Kawasan Perniagaan Taman Merak
14100 Simpang Ampat, Pulau Pinang, Malaysia
14100 Simpang Ampat, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Lorong Kendi 9
|
RM495,000
|
RM313
|
1,582 sqft
|
|
|
|
Lorong Kendi 8
|
RM480,000
|
RM303
|
1,582 sqft
|
|
|
|
Lorong Kendi 8
|
RM490,000
|
RM310
|
1,582 sqft
|
|
|
|
Lorong Kendi 9
|
RM500,000
|
RM316
|
1,582 sqft
|
|
|
|
Lorong Kendi 9
|
RM550,000
|
RM348
|
1,582 sqft
|
|
|
|
Lorong Kendi 9
|
RM380,000
|
RM240
|
1,582 sqft
|
|
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Kawasan Perniagaan Taman Merak
PSF median price per sq ft · 12m its change over the past 12 months
Most-traded areas in this mukim, by number of recorded subsale transactions. See every area in 14
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Market Snapshot
ResidentialRM492,500
RM412 psfMedian transaction price
Kawasan Perniagaan Taman Merak, 14100 Simpang Ampat, Pulau Pinang, Malaysia
MapsKawasan Perniagaan Taman Merak in Seberang Perai Selatan, Penang recorded 6 subsale transactions between 2021 and 2026, with a median price of RM493K and a median price per square foot (PSF) of RM313.
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 RM493K, with most transactions falling within a stable range of RM483K to RM503K, and a typical market range of RM484K to RM501K.
Most transactions involved 2 - 2 1/2 storey terraced, with minimal variety in property types.
For price per square foot, the median is RM313, with most transactions between RM305 and RM321. The usual range is RM306.34 to RM319.34, showing that most units are priced quite close to each other. A typical spread (IQR) of RM13.00 and an average deviation (MAD) of RM8 indicate a highly stable PSF trend across properties.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.