Area Intelligence

TAMAN SANTUARI MERBOK

2 properties
2024
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Median Price
RM 1,191,500
PSF: RM 532

Residential Market

Median Price

RM 895,000

IQR: RM 14
MAD: RM 12
RM 324 PSF 4.6%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 1,488,000

IQR: RM 25
MAD: RM 25
RM 739 PSF 3.5%

PSF Trends (2021-2025)

TAMAN SANTUARI MERBOK in Seberang Perai Selatan, Penang recorded 2 subsale transactions in 2024, with a median price of RM 1.19 million and a median price per square foot (PSF) of RM 532.

This area contains both residential and commercial properties. View 5 residential properties or 2 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 1.19 million, with most transactions falling within a stable range of RM 895K to RM 1.49 million, and a typical market range of RM 1.08 million to RM 1.30 million.

Most transactions involved 2 - 2 1/2 storey semi-detached, though some variety exists in the market.

Price per square foot shows a median of RM 532, though individual units vary from RM 324 to RM 739 in the core range. The broader market spans RM 419.00 to RM 644.00, indicating diverse property characteristics. A wider spread (IQR: RM 225.00) and deviation (MAD: RM 208) indicate significant PSF variations, likely due to diverse property types or conditions.

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.

Area Location

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TAMAN SANTUARI MERBOK, Seberang Perai Selatan, Penang

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Transactions

2 properties found

3-Storey Storey Shop LORONG SANTUARI MERBOK 1
RM 1,488,000
2,013 sqft Jul 2024
RM 739.00 PSF
Double Storey Semi-D JALAN SANTUARI MERBOK
RM 895,000
2,766 sqft May 2024
RM 324.00 PSF