Penang
Seberang Perai Selatan
11
RESIDENSI MERBOK

RESIDENSI MERBOK

Area Intelligence

2022

Median Price

RM 950,000

PSF: RM 271

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Residential PSF Trends

Median Price

RM 950,000

PSF: RM 271

RESIDENSI MERBOK in Seberang Perai Selatan, Penang recorded 3 subsale transactions in 2022, with a median price of RM 950K and a median price per square foot (PSF) of RM 271.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat.

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 271, with most transactions between RM 271 and RM 271. The usual range is RM 263.88 to RM 278.13, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 14.25 and an average deviation (MAD) of RM 0 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.

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RESIDENSI MERBOK, Seberang Perai Selatan, Penang

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