Area Intelligence

TAMAN SERI MERBAU

4 properties
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Median Price
RM 645,000
PSF: RM 414

Residential Market

Median Price

RM 600,000

IQR: RM 144
MAD: RM 72
RM 378 PSF 11.1%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 808,000

RM 511 PSF

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

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.

Area Location

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TAMAN SERI MERBAU, Seberang Perai Utara, Penang

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Transactions

4 properties grouped by size

1,300 sqft
1 units Double Storey Terraced
RM 500,000
LORONG MERBAU JAYA 5
1,324 sqft · RM 378.00 PSF
Aug 2024
1,350 sqft
1 units Double Storey Terraced
RM 600,000
LORONG SERI MERBAU 2
1,335 sqft · RM 450.00 PSF
Apr 2022
1,600 sqft
1 units Double Storey Shop
RM 808,000
LORONG MERBAU JAYA 1
1,582 sqft · RM 511.00 PSF
Aug 2023
4,250 sqft
1 units Double Storey Terraced
RM 690,000
LORONG MERBAU JAYA 5
4,263 sqft · RM 162.00 PSF
Apr 2022