Penang
Barat Daya
12
MERBAH COURT (SURIA MERBAH)

MERBAH COURT (SURIA MERBAH)

Area Intelligence

2023

Median Price

RM 196,500

PSF: RM 304

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Residential PSF Trends

Median Price

RM 196,500

PSF: RM 304

MERBAH COURT (SURIA MERBAH) in Barat Daya, Penang recorded 4 subsale transactions in 2023, with a median price of RM 197K and a median price per square foot (PSF) of RM 304.

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 197K, with most transactions falling within a stable range of RM 119K to RM 245K, and a typical market range of RM 168K to RM 225K.

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

Price per square foot shows a median of RM 304, though individual units vary from RM 185 to RM 423 in the core range. The broader market spans RM 259.25 to RM 348.75, indicating diverse property characteristics. A wider spread (IQR: RM 89.50) and deviation (MAD: RM 119) 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. Limited transaction history suggests carefully evaluating comparable sales data.

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MERBAH COURT (SURIA MERBAH), Barat Daya, Penang

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Transactions

4 transactions found

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

Custom Range

Min Price (RM)

Max Price (RM)

Clear

Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

Custom Range

Min Size (sqft)

Max Size (sqft)

Clear

RM 183,000

Level 21

646 sqft • RM 283.00 PSF

Dec 2023

RM 42,000

Level 17

646 sqft • RM 65.00 PSF

Sep 2023

RM 210,000

Level 31

646 sqft • RM 325.00 PSF

Sep 2023

RM 245,000

Level 13

646 sqft • RM 379.00 PSF

Apr 2023

Road	Price	Land PSF	Land	Date	Type
Level 21	RM 183,000	RM 283.00	646 sqft	Dec 2023	Low-Cost Flat
Level 17	RM 42,000	RM 65.00	646 sqft	Sep 2023	Low-Cost Flat
Level 31	RM 210,000	RM 325.00	646 sqft	Sep 2023	Low-Cost Flat
Level 13	RM 245,000	RM 379.00	646 sqft	Apr 2023	Low-Cost Flat