Taman Seri Merbau
13800 Butterworth, Penang, Malaysia
13800 Butterworth, Penang, Malaysia
Selling in Taman Seri Merbau? Homes here sold for a median of RM500,000.
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Nearby areas in 11
Taman Desa Murni
Taman Merbau Indah
Taman Seri Murni
Taman Merbau Jaya
Taman Pengkalan Macang
Taman Seri Merbau
Pusat Perniagaan Sungai Dua
Off Jalan Pokok Sena
PSF median price per sq ft · 12m its change over the past 12 months
Most-traded areas in this mukim, by number of recorded subsale transactions. See every area in 11
Market Snapshot
ResidentialRM500,000
RM290 psfMedian transaction price
Taman Seri Merbau, 13800 Butterworth, Penang, Malaysia
MapsTaman Seri Merbau in Seberang Perai Utara, Penang recorded 1 subsale transactions in 2024, with a median price of RM500K and a median price per square foot (PSF) of RM290.
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.
Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.
For price per square foot, the median is RM290, with most transactions between RM290 and RM290. The usual range is RM219.70 to RM360.95, showing that most units are priced quite close to each other. With an IQR of RM141.25 and MAD of RM0, 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.