RESIDENSI MERBOK

RESIDENSI MERBOK in Seberang Perai Selatan, Penang recorded 14 subsale transactions between 2021 and 2025, with a median price of RM 925K and a median price per square foot (PSF) of RM 280.

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 RM 925K, with most transactions falling within a stable range of RM 905K to RM 1.03 million, and a typical market range of RM 905K to RM 960K.

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

The median PSF stands at RM 280, with core pricing between RM 249 and RM 311. Market pricing typically extends from RM 272.88 to RM 287.13, reflecting moderate variation in unit pricing. With an IQR of RM 14.25 and MAD of RM 31, the PSF demonstrates reasonable consistency across the market.

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.