TAMAN SERI MERBAU
Residential Market
Median Price
RM 600,000
PSF Trends (2021-2025)
Commercial Market
Median Price
RM 808,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Double Storey Terraced
3 properties
Median Price
RM 572,500
-12.0% CAGR
Median PSF
RM 342.00
+11.1% CAGR
Double Storey Shop
1 properties
Median Price
RM 808,000
Median PSF
RM 511.00
Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
---|---|---|---|---|---|---|
Double Storey Terraced | 3 |
RM 572,500
±73K MAD
|
-11.95% |
RM 342.00
±36 MAD
|
+11.14% | |
Double Storey Shop | 1 |
RM 808,000
|
- |
RM 511.00
|
- |
TAMAN SERI MERBAU in Seberang Perai Utara, Penang recorded 4 subsale transactions between 2021 and 2025, with a median price of RM 645K and a median price per square foot (PSF) of RM 414.
This area contains both residential and commercial properties. View 3 residential properties or 1 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 645K, with most transactions falling within a stable range of RM 550K to RM 740K, and a typical market range of RM 573K to RM 717K.
Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.
The median PSF stands at RM 414, with core pricing between RM 348 and RM 481. Market pricing typically extends from RM 343.38 to RM 484.63, reflecting moderate variation in unit pricing. The spread of RM 141.25 (IQR) and deviation of RM 67 (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. 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.
Filter by type, year, price, and size
Transactions
4 properties grouped by size
Road | Price | PSF | Size | Date | Type |
---|
LORONG MERBAU JAYA 5
|
RM 500,000
|
RM 378.00
|
1,324 sqft
|
Aug 2024
|
LORONG SERI MERBAU 2
|
RM 600,000
|
RM 450.00
|
1,335 sqft
|
Apr 2022
|
LORONG MERBAU JAYA 1
|
RM 808,000
|
RM 511.00
|
1,582 sqft
|
Aug 2023
|
LORONG MERBAU JAYA 5
|
RM 690,000
|
RM 162.00
|
4,263 sqft
|
Apr 2022
|