Pusat Perniagaan Taman Merak

42, Lorong Belibis 28, Taman Tangling, 14100 Simpang Ampat, Pulau Pinang, Malaysia

Property Transactions

4 subsales grouped by size

Median
RM485,000
PSF
RM213
Period
transactions middle 50% (P25–P75)
2,100 sqft
2-Sty Shop
RM350,000
Lorong Simpang Ampat 1
2,120 sqft · RM165 PSF
2,200 sqft
2-Sty Shop
RM470,000
Lorong Spg Ampat 1
2,207 sqft · RM213 PSF
2,500 sqft
2-Sty Shop
RM755,000
Jalan Kendi
2,519 sqft · RM300 PSF
RM500,000
Lorong Kendi 7
2,519 sqft · RM199 PSF
Legend Recent Highest Price Highest PSF

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Pusat Perniagaan Taman Merak
© OpenStreetMap · CARTO

42, Lorong Belibis 28, Taman Tangling, 14100 Simpang Ampat, Pulau Pinang, Malaysia

Maps

Pusat Perniagaan Taman Merak in Seberang Perai Selatan, Penang recorded 4 subsale transactions between 2021 and 2026, with a median price of RM485K and a median price per square foot (PSF) of RM213.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM485K, with most transactions falling within a stable range of RM410K to RM560K, and a typical market range of RM423K to RM547K.

Most transactions involved 2 - 2 1/2 storey shop, with minimal variety in property types.

Price per square foot shows a median of RM213, though individual units vary from RM159 to RM267 in the core range. The broader market spans RM177.88 to RM248.13, indicating diverse property characteristics. A wider spread (IQR: RM70.25) and deviation (MAD: RM54) indicate significant PSF variations, likely due to diverse property types or conditions.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.