Taman Merbah

14300 Nibong Tebal, Pulau Pinang, Malaysia

Property Transactions

3 subsales grouped by size

Median
RM 850,000
PSF
RM 380
Price Size
Period
transactions middle 50% (P25–P75)
1,300 sqft
2-Sty Shop
RM 950,000
Jalan Besar
1,324 sqft · RM 718 PSF
2,250 sqft
2-Sty Shop
RM 800,000
Jalan Besar
2,260 sqft · RM 354 PSF
RM 850,000
Jalan Besar Nibong Tebal
2,239 sqft · RM 380 PSF
Legend Recent Highest Price Highest PSF

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Taman Merbah, 14300 Nibong Tebal, Pulau Pinang, Malaysia

Maps

Taman Merbah in Seberang Perai Selatan, Penang recorded 3 Double Storey Shop properties subsale transactions between 2021 and 2026, with a median price of RM 850K and a median price per square foot (PSF) of RM 380.

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 850K, with most transactions falling within a stable range of RM 800K to RM 912K, and a typical market range of RM 800K to RM 950K.

Within the Double Storey Shop category, 2 - 2 1/2 storey shop dominated the market, though some variety exists in the market.

Price per square foot shows a median of RM 380, though individual units vary from RM 214 to RM 545 in the core range. The broader market spans RM 96.15 to RM 663.15, indicating diverse property characteristics. A wider spread (IQR: RM 567.00) and deviation (MAD: RM 166) 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.