Meritus Residensi

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

Property Transactions

4 subsales grouped by size

Median
RM 475,000
PSF
RM 508
Price Size
900 sqft
Serviced Apt
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
950 sqft
Serviced Apt
RM 450,000
Level 28
958 sqft · RM 470 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 2024, with a median price of RM 475K and a median price per square foot (PSF) of RM 508.

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 475K, with most transactions falling within a stable range of RM 426K to RM 520K, and a typical market range of RM 451K to RM 499K.

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

The median PSF stands at RM 508, with core pricing between RM 451 and RM 565. Market pricing typically extends from RM 475.36 to RM 540.86, reflecting moderate variation in unit pricing. With an IQR of RM 65.50 and MAD of RM 57, 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.