MERBAH COURT (SURIA MERBAH) Property Investment Analysis
PROPERTY TYPES OVERVIEW
Detached
8 properties
Median Price
RM 355,000
+6.3% CAGR
Median PSF
RM 77.00
+0.4% CAGR
1 - 1 1/2 Storey Semi-Detached
6 properties
Median Price
RM 235,000
+10.1% CAGR
Median PSF
RM 79.00
+7.9% CAGR
Property Type | Properties | Transactions | Median Price | Price CAGR | Median PSF | PSF CAGR | |
---|---|---|---|---|---|---|---|
Detached | 8 | 2,970,000 |
RM 355,000
±5K MAD
|
+6.27% |
RM 77.00
±1 MAD
|
+0.43% | |
1 - 1 1/2 Storey Semi-Detached | 6 | 1,594,000 |
RM 235,000
±6K MAD
|
+10.13% |
RM 79.00
±9 MAD
|
+7.91% |
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
Type
|
Road
|
Price
|
PSF
|
Area
|
Date
|
---|---|---|---|---|---|
Low-Cost Flat |
|
RM 270,000
|
RM 418.00
|
646 sqft
|
Sep 2024
|
Low-Cost Flat |
|
RM 270,000
|
RM 418.00
|
646 sqft
|
Sep 2024
|
Low-Cost Flat |
|
RM 250,000
|
RM 387.00
|
646 sqft
|
Feb 2024
|
Low-Cost Flat |
|
RM 183,000
|
RM 283.00
|
646 sqft
|
Dec 2023
|
Low-Cost Flat |
|
RM 42,000
|
RM 65.00
|
646 sqft
|
Sep 2023
|
Low-Cost Flat |
|
RM 210,000
|
RM 325.00
|
646 sqft
|
Sep 2023
|
Low-Cost Flat |
|
RM 245,000
|
RM 379.00
|
646 sqft
|
Apr 2023
|
Low-Cost Flat |
|
RM 180,000
|
RM 279.00
|
646 sqft
|
Dec 2021
|
Low-Cost Flat |
|
RM 200,000
|
RM 308.00
|
650 sqft
|
Apr 2021
|
Low-Cost Flat |
|
RM 205,000
|
RM 315.00
|
650 sqft
|
Jan 2021
|