Residensi Merbok
Jalan 1, 14300 Nibong Tebal, Pulau Pinang, Malaysia
Jalan 1, 14300 Nibong Tebal, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Residensi Merbok 3
|
RM 993,000
|
RM 274
|
3,627 sqft
|
|
|
Jalan Residensi Merbok 2
|
RM 1,100,000
|
RM 294
|
3,746 sqft
|
|
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Market Snapshot
ResidentialRM 1,046,500
RM 284 psfMedian transaction price
Jalan 1, 14300 Nibong Tebal, Pulau Pinang, Malaysia
MapsResidensi Merbok in Seberang Perai Selatan, Penang recorded 2 subsale transactions between 2021 and 2026, with a median price of RM 1.05 million and a median price per square foot (PSF) of RM 284.
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 1.05 million, with most transactions falling within a stable range of RM 993K to RM 1.10 million, and a typical market range of RM 1.01 million to RM 1.08 million.
Most transactions involved 2 - 2 1/2 storey semi-detached, with moderate diversity in property types available.
For price per square foot, the median is RM 284, with most transactions between RM 274 and RM 294. The usual range is RM 276.70 to RM 290.70, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 14.00 and an average deviation (MAD) of RM 10 indicate a highly stable PSF trend across properties.
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. Limited transaction history suggests carefully evaluating comparable sales data.