Taman Seri Merbau

13800 Butterworth, Penang, Malaysia

Property Transactions

1 subsales grouped by size

Price Size
Period
transactions middle 50% (P25–P75)
2,400 sqft
2-Sty Shop
RM808,000
Lorong Merbau Jaya 1
2,422 sqft · RM334 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

RM378 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 1 Double Storey Shop properties subsale transactions between 2021 and 2026, with a median price of RM808K and a median price per square foot (PSF) of RM334.

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 RM334, with most transactions between RM334 and RM334. The usual range is RM263.01 to RM404.26, 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.