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
|
|---|---|---|---|---|---|
| 2025 | |||||
|
Level 12
|
RM 550,000
|
RM 574
|
958 sqft
|
|
Serviced Apt |
| 2024 | |||||
|
Level 28
|
RM 450,000
|
RM 470
|
958 sqft
|
|
Serviced Apt |
| 2023 | |||||
|
Level 37
|
RM 342,000
|
RM 365
|
936 sqft
|
|
Serviced Apt |
|
Level 36
|
RM 525,000
|
RM 561
|
936 sqft
|
|
Serviced Apt |
|
Level 26
|
RM 465,000
|
RM 485
|
958 sqft
|
|
Serviced Apt |
| 2022 | |||||
|
Level 8
|
RM 480,000
|
RM 501
|
958 sqft
|
|
Serviced Apt |
|
Level 19
|
RM 420,000
|
RM 448
|
936 sqft
|
|
Serviced Apt |
|
Level 14
|
RM 470,000
|
RM 502
|
936 sqft
|
|
Serviced Apt |
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Meritus Residensi, Jalan Laguna 1, Kampung Jawa, 13700 Perai, Pulau Pinang, Malaysia
MapsMeritus Residensi in Seberang Perai Tengah, Penang recorded 8 subsale transactions between 2021 and 2026, sized between 925 and 974 sqft, with a median price of RM 468K and a median price per square foot (PSF) of RM 493.
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 408K to RM 527K, and a typical market range of RM 444K to RM 491K.
Most transactions involved serviced apartment, with minimal variety in property types.
The median PSF stands at RM 493, with core pricing between RM 432 and RM 554. Market pricing typically extends from RM 460.47 to RM 525.97, reflecting moderate variation in unit pricing. With an IQR of RM 65.50 and MAD of RM 61, 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.