TAMAN SERI MERBAU in Seberang Perai Utara, Penang recorded 1 subsale transactions in 2024, with a median price of RM 500K and a median price per square foot (PSF) of RM 378.
This area contains both residential and commercial properties. View 3 residential properties or 1 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 500K, with most transactions falling within a stable range of RM 405K to RM 595K, and a typical market range of RM 428K to RM 572K.
Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.
The median PSF stands at RM 378, with core pricing between RM 312 and RM 445. Market pricing typically extends from RM 307.38 to RM 448.63, reflecting moderate variation in unit pricing. The spread of RM 141.25 (IQR) and deviation of RM 67 (MAD) suggest moderate price variations reflecting different property features.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.
