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 1 Double Storey Shop properties subsale transactions between 2021 and 2025 for double storey shop properties, with a median price of RM 808K and a median price per square foot (PSF) of RM 511.
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.
Within the Double Storey Shop category, 2 - 2 1/2 storey terraced dominated the market, though some variety exists in the market.
For price per square foot, the median is RM 511, with most transactions between RM 511 and RM 511. The usual range is RM 440.38 to RM 581.63, showing that most units are priced quite close to each other. With an IQR of RM 141.25 and MAD of RM 0, 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. 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
1 properties grouped by size
Road | Price | PSF | Size | Date | Type |
---|
LORONG MERBAU JAYA 1
|
RM 808,000
|
RM 511.00
|
1,582 sqft
|
Aug 2023
|