RESIDENSI MERBOK

Area Intelligence
2024
Median Price
RM 964,000
PSF: RM 274

Residential PSF Trends

Median Price

RM 964,000

PSF: RM 274

RESIDENSI MERBOK in Seberang Perai Selatan, Penang recorded 43 subsale transactions in 2024, with a median price of RM 964K 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 964K, with most transactions falling within a stable range of RM 1.00 million to RM 1.15 million, and a typical market range of RM 1.00 million to RM 999K.

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

The median PSF stands at RM 274, with core pricing between RM 222 and RM 326. Market pricing typically extends from RM 266.88 to RM 281.13, reflecting moderate variation in unit pricing. The spread of RM 14.25 (IQR) and deviation of RM 52 (MAD) suggest moderate price variations reflecting different property features.

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. Moderate transaction volume may require patience when buying or selling.

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RESIDENSI MERBOK, Seberang Perai Selatan, Penang

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Transactions

8 transactions grouped by size

3,300 sqft
Cluster House
RM 1,315,000
JALAN RESIDENSI MERBOK 3
3,305 sqft · RM 398 PSF
3,900 sqft
Double Storey Semi-D
RM 1,020,000
JALAN RESIDENSI MERBOK 4
3,897 sqft · RM 262 PSF
3,950 sqft
RM 1,007,000
JALAN RESIDENSI MERBOK 3
3,972 sqft · RM 254 PSF
RM 1,012,000
JALAN RESIDENSI MERBOK 4
3,972 sqft · RM 255 PSF
4,000 sqft
Double Storey Semi-D
RM 1,011,000
JALAN RESIDENSI MERBOK 3
4,004 sqft · RM 252 PSF
4,900 sqft
Bungalow
RM 1,000,000
LORONG RESIDENSI MERBOK 4
4,898 sqft · RM 204 PSF
5,300 sqft
Bungalow
RM 1,375,000
JALAN SANTUARI MERBOK
5,317 sqft · RM 259 PSF
5,750 sqft
Bungalow
RM 1,450,000
LORONG RESIDENSI MERBOK 4
5,737 sqft · RM 253 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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