RESIDENSI MERBOK

RESIDENSI MERBOK in Seberang Perai Selatan, Penang recorded 10 Bungalow properties subsale transactions between 2021 and 2025 for bungalow properties, with a median price of RM 1.39 million and a median price per square foot (PSF) of RM 262.

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 1.39 million, with most transactions falling within a stable range of RM 1.05 million to RM 1.72 million, and a typical market range of RM 1.35 million to RM 1.42 million.

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

Price per square foot shows a median of RM 262, though individual units vary from RM 204 to RM 319 in the core range. The broader market spans RM 254.38 to RM 268.63, indicating diverse property characteristics. The spread of RM 14.25 (IQR) and deviation of RM 58 (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. Limited transaction history suggests carefully evaluating comparable sales data.