Taman Merbah
14300 Nibong Tebal, Pulau Pinang, Malaysia
14300 Nibong Tebal, Pulau Pinang, Malaysia
Property Type
| Road | Price | PSF | Size | Date | Type |
|---|
|
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 1 subsale transactions in 2023, with a median price of RM 380K and a median price per square foot (PSF) of RM 144.
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 144, with most transactions between RM 144 and RM 144. The usual range is RM 0.00 to RM 427.01, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.