Penang
Barat Daya
12
MERBAH COURT (SURIA MERBAH)

MERBAH COURT (SURIA MERBAH)

Area Intelligence

2021

Median Price

RM 200,000

PSF: RM 308

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Residential PSF Trends

Median Price

RM 200,000

PSF: RM 308

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 167K to RM 234K, and a typical market range of RM 171K to RM 229K.

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

The median PSF stands at RM 308, with core pricing between RM 256 and RM 360. Market pricing typically extends from RM 263.25 to RM 352.75, 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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