RESIDENSI MERBOK

Area Intelligence
2023
Median Price
RM 934,000
PSF: RM 274

Residential PSF Trends

Median Price

RM 934,000

PSF: RM 274

RESIDENSI MERBOK in Seberang Perai Selatan, Penang recorded 53 subsale transactions in 2023, with a median price of RM 934K and a median price per square foot (PSF) of RM 274.

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 934K, with most transactions falling within a stable range of RM 1.01 million to RM 1.19 million, and a typical market range of RM 1.01 million to RM 969K.

Most transactions involved 2 - 2 1/2 storey semi-detached, with moderate diversity in property types available.

Price per square foot shows a median of RM 274, though individual units vary from RM 213 to RM 335 in the core range. The broader market spans RM 266.88 to RM 281.13, indicating diverse property characteristics. The spread of RM 14.25 (IQR) and deviation of RM 61 (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. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Moderate transaction volume may require patience when buying or selling.

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RESIDENSI MERBOK, Seberang Perai Selatan, Penang

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Transactions

5 transactions grouped by size

3,650 sqft
Double Storey Semi-D
RM 1,013,000
JALAN RESIDENSI MERBOK 3
3,627 sqft · RM 279 PSF
4,050 sqft
Bungalow
RM 1,700,000
JALAN RESIDENSI MERBOK 2
4,069 sqft · RM 418 PSF
4,100 sqft
Double Storey Semi-D
RM 1,040,000
JALAN RESIDENSI MERBOK 4
4,101 sqft · RM 254 PSF
4,550 sqft
Bungalow
RM 1,350,000
JALAN RESIDENSI MERBOK 3
4,542 sqft · RM 297 PSF
5,600 sqft
Bungalow
RM 1,400,000
LORONG RESIDENSI MERBOK 4
5,586 sqft · RM 251 PSF

No Properties For Sale

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

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