Kawasan Perniagaan Taman Merak
14100 Simpang Ampat, Pulau Pinang, Malaysia
14100 Simpang Ampat, Pulau Pinang, Malaysia
Selling in Kawasan Perniagaan Taman Merak? Homes here sold for a median of RM490,000.
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Nearby areas in 14
Taman Merak
Taman Merak Jaya
Taman Idaman
Taman Perdana
Taman Perdana (Casa Perdana)
Pangsapuri Eco Bloom
Taman Tambun Indah
Taman Jentayu
Taman Eco Meadow
Taman Murai Jaya
Taman Tambun Emas
Vortex Business Park
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
Market Snapshot
ResidentialRM490,000
RM310 psfMedian transaction price
Kawasan Perniagaan Taman Merak, 14100 Simpang Ampat, Pulau Pinang, Malaysia
MapsKawasan Perniagaan Taman Merak in Seberang Perai Selatan, Penang recorded 1 subsale transactions in 2024, with a median price of RM490K and a median price per square foot (PSF) of RM310.
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 2 - 2 1/2 storey terraced, with minimal variety in property types.
For price per square foot, the median is RM310, with most transactions between RM310 and RM310. The usual range is RM303.18 to RM316.18, showing that most units are priced quite close to each other. A typical spread (IQR) of RM13.00 and an average deviation (MAD) of RM0 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.