TMN MERAK

TMN MERAK in Seberang Perai Selatan, Penang recorded 16 subsale transactions between 2021 and 2025, with a median price of RM 405K and a median price per square foot (PSF) of RM 339.

This area contains both residential and commercial properties. View 94 residential properties or 15 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 405K, with most transactions falling within a stable range of RM 302K to RM 508K, and a typical market range of RM 368K to RM 443K.

Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.

Price per square foot shows a median of RM 339, though individual units vary from RM 253 to RM 425 in the core range. The broader market spans RM 295.50 to RM 382.50, indicating diverse property characteristics. A wider spread (IQR: RM 87.00) and deviation (MAD: RM 86) indicate significant PSF variations, likely due to diverse property types or conditions.

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.