RESIDENSI MERBOK

RESIDENSI MERBOK in Seberang Perai Selatan, Penang recorded 3 subsale transactions in 2022, with a median price of RM 950K 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 950K, with most transactions falling within a stable range of RM 840K to RM 1.51 million, and a typical market range of RM 915K to RM 985K.

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

The median PSF stands at RM 271, with core pricing between RM 232 and RM 310. Market pricing typically extends from RM 263.88 to RM 278.13, reflecting moderate variation in unit pricing. With an IQR of RM 14.25 and MAD of RM 39, 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.