TAMAN SANTUARI MERBOK in Seberang Perai Selatan, Penang recorded 0 subsale transactions in 2022, with a median price of RM 950K and a median price per square foot (PSF) of RM 295.
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 950K, with most transactions falling within a stable range of RM 822K to RM 1.08 million, and a typical market range of RM 842K to RM 1.06 million.
Most transactions involved 2 - 2 1/2 storey semi-detached, though some variety exists in the market.
For price per square foot, the median is RM 295, with most transactions between RM 270 and RM 320. The usual range is RM 182.50 to RM 407.50, showing that most units are priced quite close to each other. With an IQR of RM 225.00 and MAD of RM 25, 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.
