TMN MERAK Property Investment Analysis

14, Seberang Perai Selatan, Penang

Median Price
RM 280,000
CAGR
+0.9%
Median PSF
RM 260.00
CAGR
+3.0%
Transactions
109
Period
2021-2025

TMN MERAK in Seberang Perai Selatan, Penang recorded 109 subsale transactions between 2021 and 2025, with a median price of RM 280K and a median price per square foot (PSF) of RM 260.

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 280K, with most transactions falling within a stable range of RM 244K to RM 316K, and a typical market range of RM 243K to RM 318K.

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

The median PSF stands at RM 260, with core pricing between RM 220 and RM 300. Market pricing typically extends from RM 216.50 to RM 303.50, reflecting moderate variation in unit pricing. The spread of RM 87.00 (IQR) and deviation of RM 40 (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. Moderate price stability provides a balanced market for both buyers and sellers. Steady transaction activity supports reliable market pricing.

ADVANCED FILTERS

TRANSACTIONS

109 found
1 - 1 1/2 Storey Terraced
LRG MERAK 1
RM 310,000
PSF: RM 310.00
Area: 1,001 sqft
Date: Jun 2023
2 - 2 1/2 Storey Terraced
LRG KENDI
RM 440,000
PSF: RM 368.00
Area: 1,195 sqft
Date: Jun 2023
Low-Cost House
LORONG MERAK 4
RM 395,000
PSF: RM 182.00
Area: 2,174 sqft
Date: Jun 2023
1 - 1 1/2 Storey Terraced
LORONG MERAK 1
RM 273,000
PSF: RM 270.00
Area: 1,012 sqft
Date: May 2023
1 - 1 1/2 Storey Terraced
LORONG MERAK 11
RM 300,000
PSF: RM 300.00
Area: 1,001 sqft
Date: May 2023
1 - 1 1/2 Storey Terraced
LORONG MERAK 40
RM 259,000
PSF: RM 259.00
Area: 1,001 sqft
Date: May 2023
1 - 1 1/2 Storey Terraced
LORONG MERAK 6
RM 250,000
PSF: RM 250.00
Area: 1,001 sqft
Date: Apr 2023
Low-Cost House
LRG. MERAK 47
RM 280,000
PSF: RM 280.00
Area: 1,001 sqft
Date: Apr 2023
1 - 1 1/2 Storey Terraced
LORONG MERAK 2
RM 360,000
PSF: RM 212.00
Area: 1,701 sqft
Date: Mar 2023
2 - 2 1/2 Storey Terraced
LORONG KENDI 8
RM 450,000
PSF: RM 377.00
Area: 1,195 sqft
Date: Mar 2023
Low-Cost House
LORONG MERAK 21
RM 250,000
PSF: RM 247.00
Area: 1,012 sqft
Date: Mar 2023
Low-Cost House
LORONG MERAK 47
RM 200,000
PSF: RM 200.00
Area: 1,001 sqft
Date: Mar 2023
1 - 1 1/2 Storey Shop
JLN MERAK 2
RM 280,000
PSF: RM 232.00
Area: 1,206 sqft
Date: Feb 2023
2 - 2 1/2 Storey Shop
JALAN KENDI
RM 420,000
PSF: RM 352.00
Area: 1,195 sqft
Date: Feb 2023
Low-Cost House
LRG. MERAK 2
RM 280,000
PSF: RM 283.00
Area: 990 sqft
Date: Jan 2023
1 - 1 1/2 Storey Terraced
LORONG MERAK 6
RM 225,000
PSF: RM 225.00
Area: 1,001 sqft
Date: Nov 2022
1 - 1 1/2 Storey Terraced
LORONG MERAK 7
RM 244,000
PSF: RM 244.00
Area: 1,001 sqft
Date: Nov 2022
1 - 1 1/2 Storey Terraced
LORONG MERAK 37
RM 224,000
PSF: RM 224.00
Area: 1,001 sqft
Date: Nov 2022
Low-Cost House
LORONG MERAK 16
RM 180,000
PSF: RM 76.00
Area: 2,357 sqft
Date: Nov 2022
2 - 2 1/2 Storey Shop
LORONG MERAK 65
RM 255,000
PSF: RM 213.00
Area: 1,195 sqft
Date: Oct 2022
Low-Cost House
LORONG MERAK 42
RM 180,000
PSF: RM 180.00
Area: 1,001 sqft
Date: Oct 2022
1 - 1 1/2 Storey Terraced
LORONG MERAK 42
RM 260,000
PSF: RM 260.00
Area: 1,001 sqft
Date: Sep 2022
Low-Cost House
LORONG MERAK 25
RM 233,000
PSF: RM 233.00
Area: 1,001 sqft
Date: Sep 2022
1 - 1 1/2 Storey Terraced
LORONG MERAK 6
RM 280,000
PSF: RM 280.00
Area: 1,001 sqft
Date: Aug 2022
1 - 1 1/2 Storey Terraced
LORONG MERAK 32
RM 200,000
PSF: RM 200.00
Area: 1,001 sqft
Date: Aug 2022
1 - 1 1/2 Storey Terraced
LRG. MERAK 42
RM 230,000
PSF: RM 230.00
Area: 1,001 sqft
Date: Aug 2022
2 - 2 1/2 Storey Shop
JALAN KENDI
RM 600,000
PSF: RM 502.00
Area: 1,195 sqft
Date: Aug 2022
Low-Cost House
LORONG MERAK 2
RM 250,000
PSF: RM 101.00
Area: 2,476 sqft
Date: Aug 2022
Low-Cost House
LORONG MERAK 4
RM 240,000
PSF: RM 114.00
Area: 2,110 sqft
Date: Aug 2022
1 - 1 1/2 Storey Terraced
JALAN MERAK 1
RM 250,000
PSF: RM 250.00
Area: 1,001 sqft
Date: Jul 2022
1 - 1 1/2 Storey Terraced
LORONG MERAK 5
RM 300,000
PSF: RM 199.00
Area: 1,507 sqft
Date: Jul 2022
1 - 1 1/2 Storey Terraced
LORONG MERAK 35
RM 260,000
PSF: RM 260.00
Area: 1,001 sqft
Date: Jul 2022
1 - 1 1/2 Storey Terraced
LORONG MERAK 9
RM 280,000
PSF: RM 280.00
Area: 1,001 sqft
Date: Jun 2022
1 - 1 1/2 Storey Terraced
LRG MERAK 60
RM 230,000
PSF: RM 209.00
Area: 1,098 sqft
Date: Jun 2022
1 - 1 1/2 Storey Shop
JLN MERAK 2
RM 240,000
PSF: RM 201.00
Area: 1,195 sqft
Date: May 2022
1 - 1 1/2 Storey Terraced
LORONG MERAK 34
RM 220,000
PSF: RM 220.00
Area: 1,001 sqft
Date: May 2022
2 - 2 1/2 Storey Terraced
LRG KENDI 4
RM 422,000
PSF: RM 353.00
Area: 1,195 sqft
Date: May 2022
1 - 1 1/2 Storey Terraced
LORONG MERAK 6
RM 285,000
PSF: RM 285.00
Area: 1,001 sqft
Date: Apr 2022
1 - 1 1/2 Storey Terraced
LORONG MERAK 9
RM 240,000
PSF: RM 240.00
Area: 1,001 sqft
Date: Apr 2022
1 - 1 1/2 Storey Terraced
LORONG MERAK 37
RM 250,000
PSF: RM 250.00
Area: 1,001 sqft
Date: Apr 2022
2 - 2 1/2 Storey Shop
LORONG SIMPANG AMPAT 1
RM 420,000
PSF: RM 205.00
Area: 2,045 sqft
Date: Apr 2022
2 - 2 1/2 Storey Terraced
LORONG KENDI 6
RM 465,000
PSF: RM 389.00
Area: 1,195 sqft
Date: Apr 2022
1 - 1 1/2 Storey Terraced
LRG. MERAK 37
RM 270,000
PSF: RM 270.00
Area: 1,001 sqft
Date: Mar 2022
1 - 1 1/2 Storey Terraced
LORONG MERAK 24
RM 270,000
PSF: RM 162.00
Area: 1,668 sqft
Date: Feb 2022
1 - 1 1/2 Storey Terraced
LRG. MERAK 30
RM 290,000
PSF: RM 175.00
Area: 1,658 sqft
Date: Feb 2022
2 - 2 1/2 Storey Shop
JALAN KENDI
RM 700,000
PSF: RM 500.00
Area: 1,399 sqft
Date: Feb 2022
Low-Cost House
LORONG MERAK 16
RM 160,000
PSF: RM 160.00
Area: 1,001 sqft
Date: Feb 2022
1 - 1 1/2 Storey Terraced
LORONG MERAK 6
RM 280,000
PSF: RM 280.00
Area: 1,001 sqft
Date: Jan 2022
2 - 2 1/2 Storey Shop
LORONG MERAK 65
RM 275,000
PSF: RM 230.00
Area: 1,195 sqft
Date: Jan 2022
2 - 2 1/2 Storey Shop
LORONG SIMPANG AMPAT 1
RM 272,000
PSF: RM 178.00
Area: 1,528 sqft
Date: Jan 2022