Penang
Seberang Perai Selatan
11
TAMAN SANTUARI MERBOK

TAMAN SANTUARI MERBOK

Area Intelligence

2024

Median Price

RM 1,191,500

PSF: RM 335

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TAMAN SANTUARI MERBOK in Seberang Perai Selatan, Penang recorded 2 subsale transactions in 2024, priced between RM 750K and RM 2.00 million, with a median price of RM 1.19 million and a median price per square foot (PSF) of RM 335.

This area contains both residential and commercial properties. View 6 residential properties or 2 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 1.19 million, with most transactions falling within a stable range of RM 895K to RM 1.49 million, and a typical market range of RM 1.09 million to RM 1.29 million.

Most transactions involved 2 - 2 1/2 storey semi-detached, though some variety exists in the market.

For price per square foot, the median is RM 335, with most transactions between RM 324 and RM 346. The usual range is RM 268.13 to RM 401.88, showing that most units are priced quite close to each other. With an IQR of RM 133.75 and MAD of RM 11, 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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TAMAN SANTUARI MERBOK, Seberang Perai Selatan, Penang

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