TMN MERBAU INDAH
Residential Market
Median Price
RM 605,000
PSF Trends (2021-2025)
Commercial Market
Median Price
RM 770,000
PSF Trends (2021-2025)
TMN MERBAU INDAH in Seberang Perai Utara, Penang recorded 4 subsale transactions in 2021, with a median price of RM 605K and a median price per square foot (PSF) of RM 414.
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 605K, with most transactions falling within a stable range of RM 509K to RM 701K, and a typical market range of RM 488K to RM 733K.
Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.
The median PSF stands at RM 414, with core pricing between RM 352 and RM 476. Market pricing typically extends from RM 309.00 to RM 519.00, reflecting moderate variation in unit pricing. With an IQR of RM 210.00 and MAD of RM 62, the PSF demonstrates reasonable consistency across the market.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.
Filter by type, year, price, and size
Transactions
4 properties grouped by size
Road | Price | PSF | Size | Date | Type |
---|
JLN MERBAU INDAH 1
|
RM 488,000
|
RM 398.00
|
1,227 sqft
|
Oct 2021
|
LORONG MERBAU INDAH 14
|
RM 560,000
|
RM 430.00
|
1,302 sqft
|
Dec 2021
|
SOLOK MERBAU INDAH 3
|
RM 650,000
|
RM 475.00
|
1,367 sqft
|
Dec 2021
|
LORONG MERBAU INDAH 14
|
RM 745,000
|
RM 306.00
|
2,433 sqft
|
Dec 2021
|