Pusat Perniagaan Taman Merak

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

Property Transactions

2 subsales found

Median
RM627,500
PSF
RM249
Price Size
Period
transactions middle 50% (P25–P75)
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

Selling in Pusat Perniagaan Taman Merak? Homes here sold for a median of RM627,500.

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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 2 subsale transactions between 2021 and 2026, sized between 2,475 and 2,524 sqft, with a median price of RM628K and a median price per square foot (PSF) of RM249.

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 RM628K, with most transactions falling within a stable range of RM500K to RM755K, and a typical market range of RM566K to RM689K.

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

Price per square foot shows a median of RM249, though individual units vary from RM199 to RM300 in the core range. The broader market spans RM214.01 to RM284.26, indicating diverse property characteristics. The spread of RM70.25 (IQR) and deviation of RM51 (MAD) suggest moderate price variations reflecting different property features.

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.