Meritus Residensi

Jalan Laguna 1, Kampung Jawa, 13700 Perai, Pulau Pinang, Malaysia

Property Transactions

10 subsales grouped by size

Median
RM 477,500
PSF
RM 516
Price Size
Period
transactions middle 50% (P25–P75)
900 sqft
Serviced Apt
RM 430,000
Level 24
893 sqft · RM 481 PSF
RM 394,000
Level 40
893 sqft · RM 441 PSF
RM 520,000
Level 7
893 sqft · RM 582 PSF
RM 500,000
Level 17
915 sqft · RM 546 PSF
RM 490,000
Level 20
893 sqft · RM 548 PSF
950 sqft
Serviced Apt
RM 550,000
Level 12
958 sqft · RM 574 PSF
RM 450,000
Level 28
958 sqft · RM 470 PSF
RM 342,000
Level 37
936 sqft · RM 365 PSF
RM 525,000
Level 36
936 sqft · RM 561 PSF
RM 465,000
Level 26
958 sqft · RM 485 PSF
Legend Recent Highest Price Highest PSF

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Meritus Residensi
© OpenStreetMap · CARTO

Meritus Residensi, Jalan Laguna 1, Kampung Jawa, 13700 Perai, Pulau Pinang, Malaysia

Maps

Meritus Residensi in Seberang Perai Tengah, Penang recorded 10 subsale transactions between 2021 and 2026, with a median price of RM 478K and a median price per square foot (PSF) of RM 516.

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 478K, with most transactions falling within a stable range of RM 416K to RM 539K, and a typical market range of RM 454K to RM 501K.

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

The median PSF stands at RM 516, with core pricing between RM 450 and RM 582. Market pricing typically extends from RM 483.19 to RM 548.69, reflecting moderate variation in unit pricing. With an IQR of RM 65.50 and MAD of RM 66, 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.