Kaw P'gaan Simpang Empat

15, Jalan Simpang Ampat, Taman Merak, 14100 Simpang Ampat, Pulau Pinang, Malaysia

Property Transactions

5 subsales grouped by size

Median
RM450,000
PSF
RM183
Period
transactions middle 50% (P25–P75)
2,100 sqft
2-Sty Shop
RM450,000
Lorong Keruing 2
2,088 sqft · RM215 PSF
2,400 sqft
2-Sty Shop
RM480,000
Lorong Keruing 1
2,400 sqft · RM200 PSF
RM440,000
Lorong Keruing 1
2,400 sqft · RM183 PSF
2,650 sqft
2-Sty Shop
RM465,000
Lorong Keruing 2
2,659 sqft · RM175 PSF
RM450,000
Lorong Keruing 2
2,659 sqft · RM169 PSF
Legend Recent Highest Price Highest PSF

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RM450,000
Median sold price
RM183 psf on average

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Kaw P'gaan Simpang Empat
© OpenStreetMap · CARTO

15, Jalan Simpang Ampat, Taman Merak, 14100 Simpang Ampat, Pulau Pinang, Malaysia

Maps

Kaw P'gaan Simpang Empat in Seberang Perai Selatan, Penang recorded 5 subsale transactions between 2021 and 2026, with a median price of RM450K and a median price per square foot (PSF) of RM183.

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 RM450K, with most transactions falling within a stable range of RM440K to RM460K, and a typical market range of RM443K to RM458K.

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

For price per square foot, the median is RM183, with most transactions between RM173 and RM193. The usual range is RM175.31 to RM191.31, showing that most units are priced quite close to each other. A typical spread (IQR) of RM16.00 and an average deviation (MAD) of RM10 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.

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