MERBAH COURT (SURIA MERBAH)

MERBAH COURT (SURIA MERBAH) in Barat Daya, Penang recorded 3 subsale transactions in 2024, with a median price of RM 270K and a median price per square foot (PSF) of RM 418.

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 270K, with most transactions falling within a stable range of RM 261K to RM 270K, and a typical market range of RM 250K to RM 270K.

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

For price per square foot, the median is RM 418, with most transactions between RM 403 and RM 433. The usual range is RM 370.13 to RM 465.88, showing that most units are priced quite close to each other. With an IQR of RM 95.75 and MAD of RM 15, 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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.