MERITUS RESIDENSI

Area Intelligence
Median Price
RM 466,000
PSF: RM 502

Residential PSF Trends

Median Price

RM 466,000

PSF: RM 502

MERITUS RESIDENSI in Seberang Perai Tengah, Penang recorded 19 subsale transactions between 2021 and 2025, with a median price of RM 466K and a median price per square foot (PSF) of RM 502.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 466K, with most transactions falling within a stable range of RM 442K to RM 490K, and a typical market range of RM 444K to RM 489K.

Most transactions involved service apartment, with minimal variety in property types.

For price per square foot, the median is RM 502, with most transactions between RM 479 and RM 525. The usual range is RM 474.75 to RM 529.25, showing that most units are priced quite close to each other. With an IQR of RM 54.50 and MAD of RM 23, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

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MERITUS RESIDENSI, Seberang Perai Tengah, Penang

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Transactions

19 transactions grouped by size

900 sqft
Service Apartment
RM 430,000
Level 24
893 sqft · RM 481 PSF
RM 394,000
Level 40
893 sqft · RM 441 PSF
RM 500,000
Level 17
915 sqft · RM 546 PSF
RM 520,000
Level 7
893 sqft · RM 582 PSF
RM 490,000
Level 20
893 sqft · RM 548 PSF
RM 460,000
Level 16
893 sqft · RM 515 PSF
950 sqft
Service Apartment
RM 450,000
Level 28
958 sqft · RM 470 PSF
RM 342,000
Level 37
936 sqft · RM 365 PSF
RM 465,000
Level 26
958 sqft · RM 485 PSF
RM 525,000
Level 36
936 sqft · RM 561 PSF
RM 480,000
Level 8
958 sqft · RM 501 PSF
RM 420,000
Level 19
936 sqft · RM 448 PSF
RM 470,000
Level 14
936 sqft · RM 502 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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