Sunway Merica
11900 Bayan Lepas, Pulau Pinang, Malaysia
11900 Bayan Lepas, Pulau Pinang, Malaysia
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Sunway Merica
PSF median price per sq ft · 12m its change over the past 12 months
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Sunway Merica, 11900 Bayan Lepas, Pulau Pinang, Malaysia
MapsSunway Merica in Barat Daya, Penang recorded 0 subsale transactions in 2021, with a median price of RM960K and a median price per square foot (PSF) of RM737.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM960K, with most transactions falling within a stable range of RM940K to RM980K, and a typical market range of RM950K to RM970K.
Most transactions involved 2 - 2 1/2 storey terraced, with minimal variety in property types.
For price per square foot, the median is RM737, with most transactions between RM722 and RM752. The usual range is RM729.50 to RM744.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM15.00 and an average deviation (MAD) of RM15 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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.