Residensi Merbok
Jalan 1, 14300 Nibong Tebal, Pulau Pinang, Malaysia
Jalan 1, 14300 Nibong Tebal, Pulau Pinang, Malaysia
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Market Snapshot
ResidentialRM 960,000
RM 274 psfMedian transaction price
Jalan 1, 14300 Nibong Tebal, Pulau Pinang, Malaysia
MapsResidensi Merbok in Seberang Perai Selatan, Penang recorded 0 subsale transactions between 2021 and 2026, with a median price of RM 960K 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 960K, with most transactions falling within a stable range of RM 925K to RM 995K, and a typical market range of RM 926K to RM 994K.
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 274, with most transactions between RM 268 and RM 281. The usual range is RM 267.00 to RM 281.00, 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 7 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.