Taman Merbau in Seberang Perai Utara, Penang recorded 3 Single Storey Terraced properties subsale transactions between 2021 and 2026, 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. The median price is RM355K, with most transactions falling within a stable range of RM282K to RM428K, and a typical market range of RM291K to RM419K.

Within the Single Storey Terraced category, 1 - 1 1/2 storey terraced dominated the market, though some variety exists in the market.

The median PSF stands at RM246, with core pricing between RM204 and RM289. Market pricing typically extends from RM195.75 to RM296.50, reflecting moderate variation in unit pricing. The spread of RM100.75 (IQR) and deviation of RM43 (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.