RESIDENSI MERBOK

RESIDENSI MERBOK in Seberang Perai Selatan, Penang recorded 39 Cluster House properties subsale transactions between 2021 and 2025 for cluster house properties, with a median price of RM 925K and a median price per square foot (PSF) of RM 280.

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 925K, with most transactions falling within a stable range of RM 900K to RM 990K, and a typical market range of RM 900K to RM 960K.

Within the Cluster House category, 2 - 2 1/2 storey semi-detached dominated the market, with moderate diversity in property types available.

For price per square foot, the median is RM 280, with most transactions between RM 260 and RM 300. The usual range is RM 272.88 to RM 287.13, 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 20 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. Moderate transaction volume may require patience when buying or selling.