Taman Merbau
Butterworth, Pulau Pinang, Malaysia
Butterworth, Pulau Pinang, Malaysia
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Selling in Taman Merbau? Homes here sold for a median of RM401,500.
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Nearby areas in Butterworth
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Taman Riang (Spu)
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
ResidentialRM401,500
RM279 psfMedian transaction price
Taman Merbau, Butterworth, Pulau Pinang, Malaysia
MapsTaman Merbau in Seberang Perai Utara, Penang recorded 0 subsale transactions in 2024, with a median price of RM402K and a median price per square foot (PSF) of RM279.
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 RM279, with core pricing between RM227 and RM331. Market pricing typically extends from RM228.13 to RM328.88, 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.