Taman Merbau

Butterworth, Pulau Pinang, Malaysia

Property Transactions

1 subsales grouped by size

Price Size
Period
transactions middle 50% (P25–P75)
1,600 sqft
2-Sty Terrace
RM500,000
Lorong Merbau 5
1,604 sqft · RM312 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Residential

RM500,000

RM312 psf

Median transaction price

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Taman Merbau, Butterworth, Pulau Pinang, Malaysia

Maps

Taman Merbau in Seberang Perai Utara, Penang recorded 1 Double Storey Terraced properties subsale transactions between 2021 and 2026, with a median price of RM500K and a median price per square foot (PSF) of RM312.

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

Price remained flat, and PSF growth was PSF remained flat.

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

For price per square foot, the median is RM312, with most transactions between RM312 and RM312. The usual range is RM261.39 to RM362.14, 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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.