Taman Merbah

14300 Nibong Tebal, Pulau Pinang, Malaysia

Property Transactions

5 subsales grouped by size

Period
transactions middle 50% (P25–P75)
1,300 sqft
2-Sty Shop
RM950,000
Jalan Besar
1,324 sqft · RM718 PSF
1,900 sqft
Terrace
RM270,000
Lorong Merbah 2
1,894 sqft · RM143 PSF
2,250 sqft
2-Sty Shop
RM800,000
Jalan Besar
2,260 sqft · RM354 PSF
RM850,000
Jalan Besar Nibong Tebal
2,239 sqft · RM380 PSF
2,650 sqft
Terrace
RM380,000
Lorong Merbah 1
2,648 sqft · RM144 PSF
Legend Recent Highest Price Highest PSF

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Taman Merbah, 14300 Nibong Tebal, Pulau Pinang, Malaysia

Maps

Taman Merbah in Seberang Perai Selatan, Penang recorded 5 subsale transactions between 2021 and 2026, with a median price of RM800K and a median price per square foot (PSF) of RM354.

This area contains both residential and commercial properties. View 2 residential properties or 3 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM800K, with most transactions falling within a stable range of RM650K to RM950K, and a typical market range of RM565K to RM950K.

Most transactions involved 2 - 2 1/2 storey shop, though some variety exists in the market.

Price per square foot shows a median of RM354, though individual units vary from RM208 to RM500 in the core range. The broader market spans RM70.42 to RM637.42, indicating diverse property characteristics. A wider spread (IQR: RM567.00) and deviation (MAD: RM146) indicate significant PSF variations, likely due to diverse property types or conditions.

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.