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 237K to RM 304K, and a typical market range of RM 241K to RM 299K.

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

The median PSF stands at RM 418, with core pricing between RM 366 and RM 470. Market pricing typically extends from RM 373.25 to RM 462.75, reflecting moderate variation in unit pricing. With an IQR of RM 89.50 and MAD of RM 52, 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.