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. The median price is RM 950K, with most transactions falling within a stable range of RM 840K to RM 1.51 million, and a typical market range of RM 915K to RM 985K.

Most transactions involved 2 - 2 1/2 storey semi-detached, with moderate diversity in property types available.

The median PSF stands at RM 271, with core pricing between RM 232 and RM 310. Market pricing typically extends from RM 263.88 to RM 278.13, reflecting moderate variation in unit pricing. With an IQR of RM 14.25 and MAD of RM 39, 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.

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RESIDENSI MERBOK, Seberang Perai Selatan, Penang

OSM

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Transactions

3 transactions found

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

Custom Range

Min Price (RM)

Max Price (RM)

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Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

Custom Range

Min Size (sqft)

Max Size (sqft)

Clear

RM 950,000

JALAN RESIDENSI MERBOK 1

3,509 sqft • RM 271.00 PSF

Oct 2022

RM 2,080,000

JALAN RESIDENSI MERBOK 2

10,075 sqft • RM 206.00 PSF

Oct 2022

RM 840,000

JALAN RESIDENSI MERBOK 1

2,799 sqft • RM 300.00 PSF

Jun 2022

Road	Price	Land PSF	Land	Date	Type
JALAN RESIDENSI MERBOK 1	RM 950,000	RM 271.00	3,509 sqft	Oct 2022	Double Storey Semi-D
JALAN RESIDENSI MERBOK 2	RM 2,080,000	RM 206.00	10,075 sqft	Oct 2022	Bungalow
JALAN RESIDENSI MERBOK 1	RM 840,000	RM 300.00	2,799 sqft	Jun 2022	Double Storey Semi-D