Taman Merbau in Seberang Perai Utara, Penang recorded 2 subsale transactions between 2021 and 2026, sized between 1,425 and 1,474 sqft, with a median price of RM402K and a median price per square foot (PSF) of RM278.

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 RM355K to RM448K, and a typical market range of RM355K to RM448K.

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

The median PSF stands at RM278, with core pricing between RM246 and RM311. Market pricing typically extends from RM227.99 to RM328.74, reflecting moderate variation in unit pricing. With an IQR of RM100.75 and MAD of RM32, 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.