Area Intelligence

TMN MERAK

36 properties

2023

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Median Price

RM 290,000

PSF: RM 280

Residential Market

Median Price

RM 290,000

IQR: RM 80

MAD: RM 40

RM 280 PSF 3.0%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 320,000

IQR: RM 157

MAD: RM 45

RM 268 PSF 17.8%

PSF Trends (2021-2025)

TMN MERAK in Seberang Perai Selatan, Penang recorded 36 subsale transactions in 2023, with a median price of RM 290K and a median price per square foot (PSF) of RM 280.

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 290K, with most transactions falling within a stable range of RM 204K to RM 376K, and a typical market range of RM 253K to RM 328K.

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 280, though individual units vary from RM 217 to RM 343 in the core range. The broader market spans RM 236.50 to RM 323.50, indicating diverse property characteristics. The spread of RM 87.00 (IQR) and deviation of RM 63 (MAD) suggest moderate price variations reflecting different property features.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Moderate transaction volume may require patience when buying or selling.

Area Location

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TMN MERAK, Seberang Perai Selatan, Penang

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Property Type

All Types Single Storey Shop Single Storey Terraced Double Storey Shop Double Storey Terraced 3-Storey Storey Shop Low-Cost Flat Low-Cost House

Year

All Years 2025 2024 2023 2022 2021

Min Price

Max Price

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Transactions

36 properties found

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Grouped Individual

Low-Cost House LORONG MERAK 24

RM 290,000

1,044 sqft Dec 2023

RM 278.00 PSF

Double Storey Terraced LORONG KENDI 8

RM 480,000

1,195 sqft Dec 2023

RM 402.00 PSF

Single Storey Terraced LORONG MERAK 5

RM 320,000

1,001 sqft Nov 2023

RM 320.00 PSF

Single Storey Terraced LORONG MERAK 12

RM 300,000

1,001 sqft Nov 2023

RM 300.00 PSF

Low-Cost House LORONG MERAK 23

RM 300,000

1,001 sqft Oct 2023

RM 300.00 PSF

Low-Cost House LORONG MERAK 4

RM 250,000

1,001 sqft Oct 2023

RM 250.00 PSF

Low-Cost Flat

RM 53,000

538 sqft Oct 2023

RM 98.00 PSF

Single Storey Terraced LORONG MERAK 6

RM 275,000

1,001 sqft Oct 2023

RM 275.00 PSF

Double Storey Shop LORONG SIMPANG AMPAT 1

RM 350,000

1,195 sqft Oct 2023

RM 293.00 PSF

Double Storey Shop LORONG MERAK 65

RM 290,000

1,195 sqft Oct 2023

RM 243.00 PSF

Single Storey Terraced LORONG MERAK 25

RM 280,000

1,001 sqft Oct 2023

RM 280.00 PSF

Double Storey Shop JALAN MERAK 2

RM 438,000

1,195 sqft Oct 2023

RM 367.00 PSF

Single Storey Terraced LRG MERAK 61

RM 350,000

1,098 sqft Oct 2023

RM 319.00 PSF

Single Storey Terraced JALAN MERAK 4

RM 290,000

1,033 sqft Aug 2023

RM 281.00 PSF

Low-Cost Flat

RM 80,000

538 sqft Aug 2023

RM 149.00 PSF

Double Storey Shop LORONG MERAK 65

RM 230,000

1,195 sqft Aug 2023

RM 193.00 PSF

Single Storey Terraced LORONG MERAK 21

RM 355,000

1,012 sqft Aug 2023

RM 351.00 PSF

Single Storey Terraced LRG MERAK 25

RM 299,000

1,001 sqft Jul 2023

RM 299.00 PSF

Low-Cost House LORONG MERAK 23

RM 270,000

1,001 sqft Jul 2023

RM 270.00 PSF

Single Storey Terraced LRG MERAK 1

RM 310,000

1,001 sqft Jun 2023

RM 310.00 PSF

Single Storey Terraced LORONG MERAK 23

RM 290,000

1,001 sqft Jun 2023

RM 290.00 PSF

Double Storey Terraced LRG KENDI

RM 440,000

1,195 sqft Jun 2023

RM 368.00 PSF

Single Storey Terraced LORONG MERAK 5

RM 260,000

1,001 sqft Jun 2023

RM 260.00 PSF

Low-Cost House LORONG MERAK 4

RM 395,000

2,174 sqft Jun 2023

RM 182.00 PSF

Single Storey Terraced LORONG MERAK 40

RM 259,000

1,001 sqft May 2023

RM 259.00 PSF

Single Storey Terraced LORONG MERAK 1

RM 273,000

1,012 sqft May 2023

RM 270.00 PSF

Single Storey Terraced LORONG MERAK 11

RM 300,000

1,001 sqft May 2023

RM 300.00 PSF

Low-Cost House LRG. MERAK 47

RM 280,000

1,001 sqft Apr 2023

RM 280.00 PSF

Single Storey Terraced LORONG MERAK 6

RM 250,000

1,001 sqft Apr 2023

RM 250.00 PSF

Single Storey Terraced LORONG MERAK 2

RM 360,000

1,701 sqft Mar 2023

RM 212.00 PSF

Low-Cost House LORONG MERAK 21

RM 250,000

1,012 sqft Mar 2023

RM 247.00 PSF

Double Storey Terraced LORONG KENDI 8

RM 450,000

1,195 sqft Mar 2023

RM 377.00 PSF

Low-Cost House LORONG MERAK 47

RM 200,000

1,001 sqft Mar 2023

RM 200.00 PSF

Single Storey Shop JLN MERAK 2

RM 280,000

1,206 sqft Feb 2023

RM 232.00 PSF

Double Storey Shop JALAN KENDI

RM 420,000

1,195 sqft Feb 2023

RM 352.00 PSF

Low-Cost House LRG. MERAK 2

RM 280,000

990 sqft Jan 2023

RM 283.00 PSF

Type	Road	Price	PSF	Area	Date
Low-Cost House	LORONG MERAK 24	RM 290,000	RM 278.00	1,044 sqft	Dec 2023
Double Storey Terraced	LORONG KENDI 8	RM 480,000	RM 402.00	1,195 sqft	Dec 2023
Single Storey Terraced	LORONG MERAK 5	RM 320,000	RM 320.00	1,001 sqft	Nov 2023
Single Storey Terraced	LORONG MERAK 12	RM 300,000	RM 300.00	1,001 sqft	Nov 2023
Low-Cost House	LORONG MERAK 23	RM 300,000	RM 300.00	1,001 sqft	Oct 2023
Low-Cost House	LORONG MERAK 4	RM 250,000	RM 250.00	1,001 sqft	Oct 2023
Low-Cost Flat		RM 53,000	RM 98.00	538 sqft	Oct 2023
Single Storey Terraced	LORONG MERAK 6	RM 275,000	RM 275.00	1,001 sqft	Oct 2023
Double Storey Shop	LORONG SIMPANG AMPAT 1	RM 350,000	RM 293.00	1,195 sqft	Oct 2023
Double Storey Shop	LORONG MERAK 65	RM 290,000	RM 243.00	1,195 sqft	Oct 2023
Single Storey Terraced	LORONG MERAK 25	RM 280,000	RM 280.00	1,001 sqft	Oct 2023
Double Storey Shop	JALAN MERAK 2	RM 438,000	RM 367.00	1,195 sqft	Oct 2023
Single Storey Terraced	LRG MERAK 61	RM 350,000	RM 319.00	1,098 sqft	Oct 2023
Single Storey Terraced	JALAN MERAK 4	RM 290,000	RM 281.00	1,033 sqft	Aug 2023
Low-Cost Flat		RM 80,000	RM 149.00	538 sqft	Aug 2023
Double Storey Shop	LORONG MERAK 65	RM 230,000	RM 193.00	1,195 sqft	Aug 2023
Single Storey Terraced	LORONG MERAK 21	RM 355,000	RM 351.00	1,012 sqft	Aug 2023
Single Storey Terraced	LRG MERAK 25	RM 299,000	RM 299.00	1,001 sqft	Jul 2023
Low-Cost House	LORONG MERAK 23	RM 270,000	RM 270.00	1,001 sqft	Jul 2023
Single Storey Terraced	LRG MERAK 1	RM 310,000	RM 310.00	1,001 sqft	Jun 2023
Single Storey Terraced	LORONG MERAK 23	RM 290,000	RM 290.00	1,001 sqft	Jun 2023
Double Storey Terraced	LRG KENDI	RM 440,000	RM 368.00	1,195 sqft	Jun 2023
Single Storey Terraced	LORONG MERAK 5	RM 260,000	RM 260.00	1,001 sqft	Jun 2023
Low-Cost House	LORONG MERAK 4	RM 395,000	RM 182.00	2,174 sqft	Jun 2023
Single Storey Terraced	LORONG MERAK 40	RM 259,000	RM 259.00	1,001 sqft	May 2023
Single Storey Terraced	LORONG MERAK 1	RM 273,000	RM 270.00	1,012 sqft	May 2023
Single Storey Terraced	LORONG MERAK 11	RM 300,000	RM 300.00	1,001 sqft	May 2023
Low-Cost House	LRG. MERAK 47	RM 280,000	RM 280.00	1,001 sqft	Apr 2023
Single Storey Terraced	LORONG MERAK 6	RM 250,000	RM 250.00	1,001 sqft	Apr 2023
Single Storey Terraced	LORONG MERAK 2	RM 360,000	RM 212.00	1,701 sqft	Mar 2023
Low-Cost House	LORONG MERAK 21	RM 250,000	RM 247.00	1,012 sqft	Mar 2023
Double Storey Terraced	LORONG KENDI 8	RM 450,000	RM 377.00	1,195 sqft	Mar 2023
Low-Cost House	LORONG MERAK 47	RM 200,000	RM 200.00	1,001 sqft	Mar 2023
Single Storey Shop	JLN MERAK 2	RM 280,000	RM 232.00	1,206 sqft	Feb 2023
Double Storey Shop	JALAN KENDI	RM 420,000	RM 352.00	1,195 sqft	Feb 2023
Low-Cost House	LRG. MERAK 2	RM 280,000	RM 283.00	990 sqft	Jan 2023