MERBAH COURT (SURIA MERBAH)

Area Intelligence
2023
Median Price
RM 196,500
PSF: RM 304

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 163K to RM 230K, and a typical market range of RM 168K to RM 225K.

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

The median PSF stands at RM 304, with core pricing between RM 252 and RM 356. Market pricing typically extends from RM 259.25 to RM 348.75, reflecting moderate variation in unit pricing. The spread of RM 89.50 (IQR) and deviation of RM 52 (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.

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MERBAH COURT (SURIA MERBAH), Barat Daya, Penang

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Transactions

4 transactions grouped by size

650 sqft
Low-Cost Flat
RM 183,000
Level 21
646 sqft · RM 283 PSF
RM 42,000
Level 17
646 sqft · RM 65 PSF
RM 210,000
Level 31
646 sqft · RM 325 PSF
RM 245,000
Level 13
646 sqft · RM 379 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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