Meritus Residensi

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

Property Transactions

12 subsales grouped by size

Median
RM 468,000
PSF
RM 518
Price Size
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
RM 460,000
Level 16
893 sqft · RM 515 PSF
+6 more
Legend Recent Highest Price Highest PSF
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Meritus Residensi
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Meritus Residensi, Jalan Laguna 1, Kampung Jawa, 13700 Perai, Pulau Pinang, Malaysia

Maps

Meritus Residensi in Seberang Perai Tengah, Penang recorded 12 subsale transactions between 2021 and 2026, sized between 875 and 924 sqft, with a median price of RM 468K and a median price per square foot (PSF) of RM 518.

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 432K to RM 504K, 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 518, with most transactions between RM 478 and RM 559. The usual range is RM 485.49 to RM 550.99, showing that most units are priced quite close to each other. With an IQR of RM 65.50 and MAD of RM 40, 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.