Taman Merbau
Butterworth, Pulau Pinang, Malaysia
Butterworth, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Tingkat Merbau 2
|
RM355,000
|
RM246
|
1,442 sqft
|
|
Selling in Taman Merbau? Homes here sold for a median of RM355,000.
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Taman Merbau
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 Butterworth
Market Snapshot
ResidentialRM355,000
RM246 psfMedian transaction price
Taman Merbau, Butterworth, Pulau Pinang, Malaysia
MapsTaman Merbau in Seberang Perai Utara, Penang recorded 1 subsale transactions in 2021, with a median price of RM355K and a median price per square foot (PSF) of RM246.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat.
Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.
For price per square foot, the median is RM246, with most transactions between RM246 and RM246. The usual range is RM195.75 to RM296.50, showing that most units are priced quite close to each other. With an IQR of RM100.75 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.