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
|
|
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Taman Merbah, 14300 Nibong Tebal, Pulau Pinang, Malaysia
MapsTaman Merbah in Seberang Perai Selatan, Penang recorded 1 subsale transactions between 2021 and 2026, with a median price of RM 800K and a median price per square foot (PSF) of RM 354.
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.
Most transactions involved 2 - 2 1/2 storey shop, though some variety exists in the market.
For price per square foot, the median is RM 354, with most transactions between RM 354 and RM 354. The usual range is RM 70.42 to RM 637.42, showing that most units are priced quite close to each other. With an IQR of RM 567.00 and MAD of RM 0, the PSF demonstrates reasonable consistency across the market.
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. Limited transaction history suggests carefully evaluating comparable sales data.