Taman Merbau in Seberang Perai Utara, Penang recorded 4 subsale transactions between 2021 and 2026, with a median price of RM402K and a median price per square foot (PSF) of RM311.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM402K, with most transactions falling within a stable range of RM329K to RM474K, and a typical market range of RM338K to RM465K.

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

The median PSF stands at RM311, with core pricing between RM259 and RM363. Market pricing typically extends from RM260.23 to RM360.98, reflecting moderate variation in unit pricing. The spread of RM100.75 (IQR) and deviation of RM52 (MAD) suggest moderate price variations reflecting different property features.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.