Residensi Merbok

Jalan 1, 14300 Nibong Tebal, Pulau Pinang, Malaysia

Property Transactions

11 subsales grouped by size

Median
RM 1,375,000
PSF
RM 264
Price Size
Period
transactions middle 50% (P25–P75)
3,550 sqft
Bungalow
RM 934,000
Jalan Santuari Merbok
3,541 sqft · RM 264 PSF
3,650 sqft
Bungalow
RM 984,000
Jalan Residensi Merbok 3
3,638 sqft · RM 270 PSF
3,750 sqft
Bungalow
RM 1,100,000
Jalan Residensi Merbok 2
3,746 sqft · RM 294 PSF
4,050 sqft
Bungalow
RM 1,700,000
Jalan Residensi Merbok 2
4,069 sqft · RM 418 PSF
4,550 sqft
Bungalow
RM 1,350,000
Jalan Residensi Merbok 3
4,542 sqft · RM 297 PSF
4,900 sqft
Bungalow
RM 1,500,000
Lorong Residensi Merbok 2
4,898 sqft · RM 306 PSF
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
5,600 sqft
Bungalow
RM 1,400,000
Lorong Residensi Merbok 4
5,586 sqft · RM 251 PSF
5,750 sqft
Bungalow
RM 1,450,000
Lorong Residensi Merbok 4
5,737 sqft · RM 253 PSF
10,100 sqft
Bungalow
RM 2,080,000
Jalan Residensi Merbok 2
10,075 sqft · RM 206 PSF
11
transactions

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Market Snapshot

Residential

RM 1,375,000

RM 264 psf

Median transaction price

Residensi Merbok
© OpenStreetMap · CARTO

Jalan 1, 14300 Nibong Tebal, Pulau Pinang, Malaysia

Maps

Residensi Merbok in Seberang Perai Selatan, Penang recorded 11 Bungalow properties subsale transactions between 2021 and 2026, with a median price of RM 1.38 million and a median price per square foot (PSF) of RM 264.

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 1.38 million, with most transactions falling within a stable range of RM 1.05 million to RM 1.70 million, and a typical market range of RM 1.34 million to RM 1.41 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 264, though individual units vary from RM 209 to RM 319 in the core range. The broader market spans RM 256.74 to RM 270.74, indicating diverse property characteristics. The spread of RM 14.00 (IQR) and deviation of RM 55 (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.