TAMAN SANTUARI MERBOK

Area Intelligence
2023
Median Price
RM 750,000
PSF: RM 270

Residential PSF Trends

Median Price

RM 750,000

PSF: RM 270

Commercial PSF Trends

Median Price

RM 1,219,000

RM 715 PSF

TAMAN SANTUARI MERBOK in Seberang Perai Selatan, Penang recorded 1 subsale transactions in 2023, with a median price of RM 750K and a median price per square foot (PSF) of RM 270.

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 750K, with most transactions falling within a stable range of RM 625K to RM 875K, and a typical market range of RM 652K to RM 848K.

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

The median PSF stands at RM 270, with core pricing between RM 243 and RM 298. Market pricing typically extends from RM 203.13 to RM 336.88, reflecting moderate variation in unit pricing. With an IQR of RM 133.75 and MAD of RM 28, 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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