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 3 Double Storey Terraced properties subsale transactions between 2021 and 2025 for double storey terraced properties, with a median price of RM 600K and a median price per square foot (PSF) of RM 378.
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 600K, with most transactions falling within a stable range of RM 522K to RM 678K, and a typical market range of RM 528K to RM 672K.
Within the Double Storey Terraced category, 2 - 2 1/2 storey terraced dominated the market, though some variety exists in the market.
Price per square foot shows a median of RM 378, though individual units vary from RM 256 to RM 500 in the core range. The broader market spans RM 307.38 to RM 448.63, indicating diverse property characteristics. A wider spread (IQR: RM 141.25) and deviation (MAD: RM 122) indicate significant PSF variations, likely due to diverse property types or conditions.
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
3 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 5
|
RM 690,000
|
RM 162.00
|
4,263 sqft
|
Apr 2022
|