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Penang, Seberang Perai Selatan, 11

RESIDENSI MERBOK

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

OSM

Track location

Transactions

5 transactions grouped by size

View Type

Grouped View Individual View

Property Type

All Types
Categories
Residential Commercial
Specific Types
Single Storey Semi-D Single Storey Shop Single Storey Terraced Double Storey Semi-D Double Storey Shop Double Storey Terraced 3-Storey Shop 4-Storey Shop 5-Storey Shop 6-Storey Shop Cluster House Condo/Apartment Bungalow Detached Factory Flat Industrial Unit Low-Cost Flat Low-Cost House Office Lot SOHO/SOFO/SOVO Semi-D Factory Service Apartment Shop/Retail Lot Terraced Factory Town House

Year

All Years 2025 2024 2023 2022 2021
Popular Ranges
Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+
Custom Range
Clear

Size Range (sqft)

Popular Ranges
Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft
Custom Range
Clear
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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