MERBAH COURT (SURIA MERBAH)

MERBAH COURT (SURIA MERBAH) in Barat Daya, Penang recorded 3 subsale transactions in 2021, with a median price of RM 200K and a median price per square foot (PSF) of RM 308.

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 200K, with most transactions falling within a stable range of RM 189K to RM 205K, and a typical market range of RM 180K to RM 205K.

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

For price per square foot, the median is RM 308, with most transactions between RM 292 and RM 324. The usual range is RM 260.13 to RM 355.88, showing that most units are priced quite close to each other. With an IQR of RM 95.75 and MAD of RM 16, the PSF demonstrates reasonable consistency across the market.

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.