Meritus Residensi
Jalan Laguna 1, Kampung Jawa, 13700 Perai, Pulau Pinang, Malaysia
Jalan Laguna 1, Kampung Jawa, 13700 Perai, Pulau Pinang, Malaysia
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Meritus Residensi, Jalan Laguna 1, Kampung Jawa, 13700 Perai, Pulau Pinang, Malaysia
MapsMeritus Residensi in Seberang Perai Tengah, Penang recorded 2 subsale transactions in 2025, with a median price of RM 490K and a median price per square foot (PSF) of RM 528.
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 490K, with most transactions falling within a stable range of RM 430K to RM 550K, and a typical market range of RM 466K to RM 514K.
Most transactions involved serviced apartment, with minimal variety in property types.
For price per square foot, the median is RM 528, with most transactions between RM 481 and RM 574. The usual range is RM 494.96 to RM 560.46, showing that most units are priced quite close to each other. With an IQR of RM 65.50 and MAD of RM 46, 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.