Taman Merbah
14300 Nibong Tebal, Pulau Pinang, Malaysia
14300 Nibong Tebal, Pulau Pinang, Malaysia
Property Type
| Price | PSF | Size | Date | Type |
|---|
|
RM 800,000
|
RM 354
|
2,260 sqft
|
|
|
|
RM 950,000
|
RM 718
|
1,324 sqft
|
|
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Taman Merbah, 14300 Nibong Tebal, Pulau Pinang, Malaysia
MapsTaman Merbah in Seberang Perai Selatan, Penang recorded 5 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. The median price is RM 800K, with most transactions falling within a stable range of RM 650K to RM 950K, and a typical market range of RM 565K to RM 950K.
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 354, though individual units vary from RM 208 to RM 500 in the core range. The broader market spans RM 70.42 to RM 637.42, indicating diverse property characteristics. A wider spread (IQR: RM 567.00) and deviation (MAD: RM 146) 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.