Meritus Residensi
Jalan Laguna 1, Kampung Jawa, 13700 Perai, Pulau Pinang, Malaysia
Jalan Laguna 1, Kampung Jawa, 13700 Perai, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 24
|
RM 430,000
|
RM 481
|
893 sqft
|
|
|
|
Level 40
|
RM 394,000
|
RM 441
|
893 sqft
|
|
|
|
Level 17
|
RM 500,000
|
RM 546
|
915 sqft
|
|
|
|
Level 7
|
RM 520,000
|
RM 582
|
893 sqft
|
|
|
|
Level 20
|
RM 490,000
|
RM 548
|
893 sqft
|
|
|
|
Level 16
|
RM 460,000
|
RM 515
|
893 sqft
|
|
|
Level 12
|
RM 550,000
|
RM 574
|
958 sqft
|
|
|
|
Level 28
|
RM 450,000
|
RM 470
|
958 sqft
|
|
|
|
Level 37
|
RM 342,000
|
RM 365
|
936 sqft
|
|
|
|
Level 36
|
RM 525,000
|
RM 561
|
936 sqft
|
|
|
|
Level 26
|
RM 465,000
|
RM 485
|
958 sqft
|
|
|
|
Level 8
|
RM 480,000
|
RM 501
|
958 sqft
|
|
|
|
Level 19
|
RM 420,000
|
RM 448
|
936 sqft
|
|
|
|
Level 14
|
RM 470,000
|
RM 502
|
936 sqft
|
|
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Market Snapshot
ResidentialRM 468,000
RM 508 psfMedian transaction price
Meritus Residensi, Jalan Laguna 1, Kampung Jawa, 13700 Perai, Pulau Pinang, Malaysia
MapsMeritus Residensi in Seberang Perai Tengah, Penang recorded 20 subsale transactions between 2021 and 2026, with a median price of RM 468K and a median price per square foot (PSF) of RM 515.
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 468K, with most transactions falling within a stable range of RM 441K to RM 495K, and a typical market range of RM 444K to RM 492K.
Most transactions involved serviced apartment, with minimal variety in property types.
For price per square foot, the median is RM 515, with most transactions between RM 482 and RM 547. The usual range is RM 482.14 to RM 547.64, showing that most units are priced quite close to each other. With an IQR of RM 65.50 and MAD of RM 33, 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. Moderate transaction volume may require patience when buying or selling.