MERBAH COURT (SURIA MERBAH) Property Investment Analysis

12, Barat Daya, Penang

Median Price
RM 207,500
CAGR
+10.5%
Median PSF
RM 320.00
CAGR
+10.7%
Transactions
10
Period
2021-2024

PROPERTY TYPES OVERVIEW

MERBAH COURT (SURIA MERBAH) in Barat Daya, Penang recorded 10 subsale transactions between 2021 and 2025, with a median price of RM 208K and a median price per square foot (PSF) of RM 320.

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 RM 208K, with most transactions falling within a stable range of RM 175K to RM 240K, and a typical market range of RM 177K to RM 238K.

Most transactions involved low-cost flat, with minimal variety in property types.

The median PSF stands at RM 320, with core pricing between RM 270 and RM 370. Market pricing typically extends from RM 272.13 to RM 367.88, reflecting moderate variation in unit pricing. The spread of RM 95.75 (IQR) and deviation of RM 50 (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.

ADVANCED FILTERS

TRANSACTIONS

10 found
Low-Cost Flat
RM 270,000
PSF: RM 418.00
Area: 646 sqft
Date: Sep 2024
Low-Cost Flat
RM 270,000
PSF: RM 418.00
Area: 646 sqft
Date: Sep 2024
Low-Cost Flat
RM 250,000
PSF: RM 387.00
Area: 646 sqft
Date: Feb 2024
Low-Cost Flat
RM 183,000
PSF: RM 283.00
Area: 646 sqft
Date: Dec 2023
Low-Cost Flat
RM 42,000
PSF: RM 65.00
Area: 646 sqft
Date: Sep 2023
Low-Cost Flat
RM 210,000
PSF: RM 325.00
Area: 646 sqft
Date: Sep 2023
Low-Cost Flat
RM 245,000
PSF: RM 379.00
Area: 646 sqft
Date: Apr 2023
Low-Cost Flat
RM 180,000
PSF: RM 279.00
Area: 646 sqft
Date: Dec 2021
Low-Cost Flat
RM 200,000
PSF: RM 308.00
Area: 650 sqft
Date: Apr 2021
Low-Cost Flat
RM 205,000
PSF: RM 315.00
Area: 650 sqft
Date: Jan 2021