Taman Merbah
14300 Nibong Tebal, Pulau Pinang, Malaysia
14300 Nibong Tebal, Pulau Pinang, Malaysia
Property Type
| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Besar
|
RM 800,000
|
RM 354
|
2,260 sqft
|
|
|
Lorong Merbah 1
|
RM 380,000
|
RM 144
|
2,648 sqft
|
|
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Taman Merbah, 14300 Nibong Tebal, Pulau Pinang, Malaysia
MapsTaman Merbah in Seberang Perai Selatan, Penang recorded 2 subsale transactions between 2021 and 2026, with a median price of RM 590K and a median price per square foot (PSF) of RM 249.
This area contains both residential and commercial properties. View 2 residential properties or 3 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 590K, with most transactions falling within a stable range of RM 380K to RM 800K, and a typical market range of RM 380K to RM 800K.
Most transactions involved 2 - 2 1/2 storey shop, though some variety exists in the market.
Price per square foot shows a median of RM 249, though individual units vary from RM 144 to RM 354 in the core range. The broader market spans RM 0.00 to RM 532.21, indicating diverse property characteristics. A wider spread (IQR: RM 567.00) and deviation (MAD: RM 105) indicate significant PSF variations, likely due to diverse property types or conditions.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.