Penang
Seberang Perai Selatan
11
TAMAN SANTUARI MERBOK

TAMAN SANTUARI MERBOK

Area Intelligence

2024

Median Price

RM 1,191,500

PSF: RM 532

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Residential PSF Trends

Median Price

RM 895,000

PSF: RM 324

Commercial PSF Trends

Median Price

RM 1,488,000

RM 739 PSF

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.

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 532, with most transactions between RM 532 and RM 532. The usual range is RM 419.00 to RM 644.00, showing that most units are priced quite close to each other. With an IQR of RM 225.00 and MAD of RM 0, 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.

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TAMAN SANTUARI MERBOK, Seberang Perai Selatan, Penang

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