Pusat Perniagaan Taman Merak

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

Property Transactions

1 subsales found

Median
RM470,000
PSF
RM213
Price Size
Period
transactions middle 50% (P25–P75)
RM470,000
Lorong Spg Ampat 1
2,207 sqft RM213 PSF
Legend Recent Highest Price Highest PSF

Selling in Pusat Perniagaan Taman Merak? Homes here sold for a median of RM470,000.

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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 1 subsale transactions between 2021 and 2026, sized between 2,175 and 2,224 sqft, with a median price of RM470K 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.

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

For price per square foot, the median is RM213, with most transactions between RM213 and RM213. The usual range is RM177.88 to RM248.13, showing that most units are priced quite close to each other. With an IQR of RM70.25 and MAD of RM0, the PSF demonstrates reasonable consistency across the market.

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.