Taman Merbau
Residential Transaction Prices


Taman Merbau is a township/project located in Seberang Perai Utara, Pulau Pinang. The median transacted price for Taman Merbau is RM 500,000 with a median transacted price of RM 414.75 per sq. ft.


Property transactions snapshot


Data shown is based on the latest 12-month available period


Median price

RM 500,000

24.53%

YoY

Lower: RM 270,000

Upper: RM 500,000

Median price per sq.ft. (psf)

RM 414.75

49.00%

YoY

Lower: RM 207.30

Upper: RM 414.75


Taman Merbau Median Price Psf


Monthly median price psfHighest median price psf

Latest Transactions from Jun 22 to May 23


(3 Transactions)

Sales DateProperty TypeTenureRoadLand Area Build Up Transaction PricePrice PSF
May 2023Terraced HouseFreeholdLorong Merbau 31,302.43 sq.ft880.27 sq.ftRM 270,000RM 207
November 2022Semi-Detached HouseFreeholdN/A1,205.56 sq.ft1,605.01 sq.ftRM 500,000RM 415
November 2022Terraced HouseFreeholdLorong Merbau 51,205.56 sq.ft1,605.01 sq.ftRM 500,000RM 415

May 2023

Type: Terraced House

Tenure: Freehold

Road: Lorong Merbau 3

Land Area: 1,302.43 sq.ft

Build Area: 880.27 sq.ft

Transaction: RM 270,000

Price PSF: RM 207

November 2022

Type: Semi-Detached House

Tenure: Freehold

Road: N/A

Land Area: 1,205.56 sq.ft

Build Area: 1,605.01 sq.ft

Transaction: RM 500,000

Price PSF: RM 415

November 2022

Type: Terraced House

Tenure: Freehold

Road: Lorong Merbau 5

Land Area: 1,205.56 sq.ft

Build Area: 1,605.01 sq.ft

Transaction: RM 500,000

Price PSF: RM 415

Frequently Asked Questions


What factors affect residential property prices in Taman Merbau, Seberang Perai Utara?

Residential property prices in Taman Merbau, Seberang Perai Utara are affected by demand, interest rates, economic conditions, local government policies, and development in the area.

Will residential property prices fluctuate in Taman Merbau, Seberang Perai Utara?

Yes, prices can fluctuate depending on market conditions, economic factors, and demand in Taman Merbau, Seberang Perai Utara.

How have residential property prices changed recently in Taman Merbau, Seberang Perai Utara?

In the past 12 months, residential property prices in Taman Merbau, Seberang Perai Utara have increased by 24.53% YoY.

What is the median price for residential property in Taman Merbau, Seberang Perai Utara?

The median price for residential property in Taman Merbau, Seberang Perai Utara is RM 500,000.

Data Source & Disclaimer:


The transaction data provided on PropertyGenie.com.my is intended for general informational purposes only. It is sourced from the National Property Information Centre (NAPIC) and represents historical subsale property transaction prices. While we strive to ensure the data's accuracy, completeness, and reliability, PropertyGenie.com.my makes no warranties or representations as to the data's current accuracy or completeness. The information constitutes "Third Party Content" under our Website Terms. Users are advised to use this data at their own risk and consider seeking professional advice for property decisions. We disclaim liability for any errors, omissions, or inaccuracies and any loss or damage arising from reliance on this information. PropertyGenie.com.my reserves the right to update or amend the data without notice.

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