RESIDENSI MERBOK

RESIDENSI MERBOK in Seberang Perai Selatan, Penang recorded 25 subsale transactions between 2021 and 2025, with a median price of RM 986K and a median price per square foot (PSF) of RM 271.

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 986K, with most transactions falling within a stable range of RM 967K to RM 1.00 million, and a typical market range of RM 951K to RM 1.01 million.

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 RM 271, with most transactions between RM 265 and RM 277. The usual range is RM 263.88 to RM 278.13, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 14.25 and an average deviation (MAD) of RM 6 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. Moderate transaction volume may require patience when buying or selling.