Property Type
| Road | Price | PSF | Size | Date | Type |
|---|
|
Lorong Santuari Merbok 2
|
RM 950,000
|
RM 246
|
3,864 sqft
|
|
|
Lorong Santuari Merbok 1
|
RM 1,488,000
|
RM 346
|
4,295 sqft
|
|
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35, Jalan Santuari Merbok, taman santuari merbok14300 Nibong Tebal, Pulau Pinang, Malaysia
MapsTaman Santuari Merbok in Seberang Perai Selatan, Penang recorded 2 3-Storey Shop properties subsale transactions between 2021 and 2026, with a median price of RM 1.22 million and a median price per square foot (PSF) of RM 296.
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 1.22 million, with most transactions falling within a stable range of RM 950K to RM 1.49 million, and a typical market range of RM 1.12 million to RM 1.32 million.
Within the 3-Storey Shop category, 2 - 2 1/2 storey semi-detached dominated the market, though some variety exists in the market.
The median PSF stands at RM 296, with core pricing between RM 246 and RM 346. Market pricing typically extends from RM 229.27 to RM 363.03, reflecting moderate variation in unit pricing. The spread of RM 133.75 (IQR) and deviation of RM 50 (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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.