TMN MERBAU INDAH
Residential Market
Median Price
RM 127,500
PSF Trends (2021-2025)
Commercial Market
Median Price
RM 162,500
PSF Trends (2021-2025)
TMN MERBAU INDAH in Seberang Perai Utara, Penang recorded 12 subsale transactions between 2021 and 2025, with a median price of RM 135K and a median price per square foot (PSF) of RM 224.
This area contains both residential and commercial properties. View 59 residential properties or 11 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 135K, with most transactions falling within a stable range of RM 110K to RM 159K, and a typical market range of RM 85K to RM 165K.
Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.
The median PSF stands at RM 224, with core pricing between RM 184 and RM 263. Market pricing typically extends from RM 118.50 to RM 328.50, reflecting moderate variation in unit pricing. The spread of RM 210.00 (IQR) and deviation of RM 40 (MAD) suggest moderate price variations reflecting different property features.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.
Filter by type, year, price, and size
Transactions
12 properties found
Type
|
Road
|
Price
|
PSF
|
Area
|
Date
|
---|---|---|---|---|---|
Low-Cost Flat |
|
RM 139,000
|
RM 231.00
|
603 sqft
|
Nov 2024
|
Shop/Retail Lot |
|
RM 160,000
|
RM 265.00
|
603 sqft
|
May 2024
|
Shop/Retail Lot |
|
RM 165,000
|
RM 264.00
|
624 sqft
|
Feb 2024
|
Low-Cost Flat |
|
RM 125,000
|
RM 207.00
|
603 sqft
|
Jan 2024
|
Low-Cost Flat |
|
RM 120,000
|
RM 199.00
|
603 sqft
|
Dec 2023
|
Low-Cost Flat |
|
RM 155,000
|
RM 257.00
|
603 sqft
|
Jun 2023
|
Low-Cost Flat |
|
RM 130,000
|
RM 216.00
|
603 sqft
|
Mar 2023
|
Low-Cost Flat |
|
RM 150,000
|
RM 249.00
|
603 sqft
|
Mar 2023
|
Low-Cost Flat |
|
RM 100,000
|
RM 166.00
|
603 sqft
|
Nov 2022
|
Low-Cost Flat |
|
RM 85,000
|
RM 141.00
|
603 sqft
|
Sep 2022
|
Low-Cost Flat |
|
RM 140,000
|
RM 232.00
|
603 sqft
|
Mar 2022
|
Low-Cost Flat |
|
RM 100,000
|
RM 166.00
|
603 sqft
|
Jan 2022
|