Taman Merak

Lorong Merak 14, Taman Merak, 14100 Simpang Ampat, Pulau Pinang, Malaysia

Property Transactions

21 subsales grouped by size

Price Size
Period
transactions middle 50% (P25–P75)
1,000 sqft
LC House
RM285,000
Lorong Merak 17
1,001 sqft · RM285 PSF
RM300,000
Lorong Merak 25
1,001 sqft · RM300 PSF
RM250,000
Lorong Merak 4
1,001 sqft · RM250 PSF
RM300,000
Lorong Merak 23
1,001 sqft · RM300 PSF
RM270,000
Lorong Merak 23
1,001 sqft · RM270 PSF
RM280,000
Lorong. Merak 47
1,001 sqft · RM280 PSF
+7 more
1,050 sqft
LC House
RM290,000
Lorong Merak 24
1,044 sqft · RM278 PSF
RM280,000
Lorong Merak 39
1,044 sqft · RM268 PSF
1,100 sqft
LC House
RM300,000
Lorong 27
1,098 sqft · RM273 PSF
1,500 sqft
LC House
RM325,000
Lorong Merak 5
1,496 sqft · RM217 PSF
2,100 sqft
LC House
RM240,000
Lorong Merak 4
2,110 sqft · RM114 PSF
2,150 sqft
LC House
RM395,000
Lorong Merak 4
2,174 sqft · RM182 PSF
2,350 sqft
LC House
RM180,000
Lorong Merak 16
2,357 sqft · RM76 PSF
2,500 sqft
LC House
RM250,000
Lorong Merak 2
2,476 sqft · RM101 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

RM280,000

RM250 psf

Median transaction price

RM420,000

RM243 psf

Median transaction price

Taman Merak
© OpenStreetMap · CARTO

Lorong Merak 14, Taman Merak, 14100 Simpang Ampat, Pulau Pinang, Malaysia

Maps

Taman Merak in Seberang Perai Selatan, Penang recorded 21 Low-Cost House properties subsale transactions between 2021 and 2026, with a median price of RM280K and a median price per square foot (PSF) of RM250.

This area contains both residential and commercial properties. View 104 residential properties or 17 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM280K, with most transactions falling within a stable range of RM227K to RM333K, and a typical market range of RM240K to RM320K.

Within the Low-Cost House category, 1 - 1 1/2 storey terraced dominated the market, with high diversity across multiple property types.

Price per square foot shows a median of RM250, though individual units vary from RM182 to RM318 in the core range. The broader market spans RM208.24 to RM291.24, indicating diverse property characteristics. A wider spread (IQR: RM83.00) and deviation (MAD: RM68) indicate significant PSF variations, likely due to diverse property types or conditions.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Moderate transaction volume may require patience when buying or selling.