Taman Seri Merbau

13800 Butterworth, Penang, Malaysia

Property Transactions

3 subsales found

Price Size
Period
transactions middle 50% (P25–P75)
RM500,000
Lorong Merbau Jaya 5
1,722 sqft RM290 PSF
RM690,000
Lorong Merbau Jaya 5
1,722 sqft RM401 PSF
RM600,000
Lorong Seri Merbau 2
1,722 sqft RM348 PSF
Legend Recent Highest Price Highest PSF

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Most-traded areas in this mukim, by number of recorded subsale transactions. See every area in 11

Market Snapshot

Residential

RM600,000

RM348 psf

Median transaction price

Taman Seri Merbau
© OpenStreetMap · CARTO

Taman Seri Merbau, 13800 Butterworth, Penang, Malaysia

Maps

Taman Seri Merbau in Seberang Perai Utara, Penang recorded 3 subsale transactions between 2021 and 2026, sized between 1,675 and 1,724 sqft, with a median price of RM600K and a median price per square foot (PSF) of RM348.

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 RM600K, with most transactions falling within a stable range of RM522K to RM678K, and a typical market range of RM528K to RM672K.

Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.

The median PSF stands at RM348, with core pricing between RM303 and RM393. Market pricing typically extends from RM277.77 to RM419.02, reflecting moderate variation in unit pricing. With an IQR of RM141.25 and MAD of RM45, 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.