Meritus Residensi

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

Property Transactions

4 subsales grouped by size

Median
RM 477,500
PSF
RM 517
Price Size
Period
transactions middle 50% (P25–P75)
900 sqft
Serviced Apt
RM 490,000
Level 20
893 sqft · RM 548 PSF
950 sqft
Serviced Apt
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 4 subsale transactions in 2023, with a median price of RM 478K and a median price per square foot (PSF) of RM 517.

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 409K to RM 525K, 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 517, with core pricing between RM 439 and RM 594. Market pricing typically extends from RM 484.18 to RM 549.68, reflecting moderate variation in unit pricing. With an IQR of RM 65.50 and MAD of RM 77, 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.