Residensi Merbok

Jalan 1, 14300 Nibong Tebal, Pulau Pinang, Malaysia

Property Transactions

1 subsales found

Median
RM1,450,000
PSF
RM253
Price Size
Period
transactions middle 50% (P25–P75)
RM1,450,000
Lorong Residensi Merbok 4
5,737 sqft RM253 PSF
Legend Recent Highest Price Highest PSF

Selling in Residensi Merbok? Homes here sold for a median of RM1,450,000.

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Market Snapshot

Residential

RM1,450,000

RM253 psf

Median transaction price

Residensi Merbok
© OpenStreetMap · CARTO

Jalan 1, 14300 Nibong Tebal, Pulau Pinang, Malaysia

Maps

Residensi Merbok in Seberang Perai Selatan, Penang recorded 1 subsale transactions between 2021 and 2026, sized between 5,725 and 5,774 sqft, with a median price of RM1.45 million and a median price per square foot (PSF) of RM253.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat.

Most transactions involved 2 - 2 1/2 storey semi-detached, with moderate diversity in property types available.

For price per square foot, the median is RM253, with most transactions between RM253 and RM253. The usual range is RM245.74 to RM259.74, showing that most units are priced quite close to each other. A typical spread (IQR) of RM14.00 and an average deviation (MAD) of RM0 indicate a highly stable PSF trend across properties.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.