TMN MERAK

TMN MERAK in Seberang Perai Selatan, Penang recorded 2 Single Storey Shop properties subsale transactions between 2021 and 2025 for single storey shop properties, with a median price of RM 260K and a median price per square foot (PSF) of RM 217.

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 260K, with most transactions falling within a stable range of RM 240K to RM 280K, and a typical market range of RM 240K to RM 280K.

Within the Single Storey Shop category, 1 - 1 1/2 storey terraced dominated the market, with high diversity across multiple property types.

For price per square foot, the median is RM 217, with most transactions between RM 201 and RM 232. The usual range is RM 173.00 to RM 260.00, showing that most units are priced quite close to each other. With an IQR of RM 87.00 and MAD of RM 16, 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.