Area Intelligence

TMN MERAK

66 properties

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Median Price

RM 280,000

PSF: RM 278

Residential Market

Median Price

RM 280,000

IQR: RM 80

MAD: RM 40

RM 278 PSF 3.0%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 350,000

IQR: RM 157

MAD: RM 45

RM 232 PSF 17.8%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

Single Storey Terraced

62 properties

Median Price

RM 290,000

+7.2% CAGR

Median PSF

RM 281.00

+10.7% CAGR

Low-Cost House

25 properties

Median Price

RM 280,000

+2.3% CAGR

Median PSF

RM 271.50

+1.4% CAGR

Double Storey Shop

12 properties

Median Price

RM 350,000

+23.5% CAGR

Median PSF

RM 221.50

-8.1% CAGR

Double Storey Terraced

11 properties

Median Price

RM 465,000

+12.8% CAGR

Median PSF

RM 326.00

-0.6% CAGR

Low-Cost Flat

6 properties

Median Price

RM 61,500

-15.0% CAGR

Median PSF

RM 114.00

-15.4% CAGR

Single Storey Shop

2 properties

Median Price

RM 260,000

+16.7% CAGR

Median PSF

RM 216.50

+15.4% CAGR

Single Storey Semi-D

1 properties

Median Price

RM 310,000

Median PSF

RM 98.00

3-Storey Storey Shop

1 properties

Median Price

RM 830,000

Median PSF

RM 404.00

Property Type	Properties	Median Price	Price CAGR	Median PSF	PSF CAGR
Single Storey Terraced	62	RM 290,000 ±35K MAD	+7.19%	RM 281.00 ±39 MAD	+10.67%
Low-Cost House	25	RM 280,000 ±10K MAD	+2.33%	RM 271.50 ±8 MAD	+1.44%
Double Storey Shop	12	RM 350,000 ±3K MAD	+23.50%	RM 221.50 ±35 MAD	-8.12%
Double Storey Terraced	11	RM 465,000 ±44K MAD	+12.81%	RM 326.00 ±4 MAD	-0.62%
Low-Cost Flat	6	RM 61,500 ±5K MAD	-15.04%	RM 114.00 ±10 MAD	-15.38%
Single Storey Shop	2	RM 260,000 ±20K MAD	+16.67%	RM 216.50 ±16 MAD	+15.42%
Single Storey Semi-D	1	RM 310,000	-	RM 98.00	-
3-Storey Storey Shop	1	RM 830,000	-	RM 404.00	-

TMN MERAK in Seberang Perai Selatan, Penang recorded 66 subsale transactions between 2021 and 2025, with a median price of RM 280K and a median price per square foot (PSF) of RM 278.

This area contains both residential and commercial properties. View 94 residential properties or 15 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 280K, with most transactions falling within a stable range of RM 241K to RM 319K, and a typical market range of RM 243K to RM 318K.

Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.

The median PSF stands at RM 278, with core pricing between RM 238 and RM 317. Market pricing typically extends from RM 234.00 to RM 321.00, reflecting moderate variation in unit pricing. With an IQR of RM 87.00 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. Moderate transaction volume may require patience when buying or selling.

Area Location

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TMN MERAK, Seberang Perai Selatan, Penang

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Property Type

All Types Single Storey Shop Single Storey Terraced Double Storey Shop Double Storey Terraced 3-Storey Storey Shop Low-Cost Flat Low-Cost House

Year

All Years 2025 2024 2023 2022 2021

Min Price

Max Price

Min Size (sqft)

Max Size (sqft)

Transactions

66 properties found

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Grouped Individual

Single Storey Terraced LORONG MERAK 37

RM 330,000

1,001 sqft Feb 2025

RM 330.00 PSF

Single Storey Terraced LORONG MERAK 33

RM 300,000

1,001 sqft Nov 2024

RM 300.00 PSF

Single Storey Terraced LORONG MERAK 42

RM 228,000

1,001 sqft Nov 2024

RM 228.00 PSF

Low-Cost House LORONG MERAK 17

RM 285,000

1,001 sqft Oct 2024

RM 285.00 PSF

Single Storey Terraced JLN. MERAK 1

RM 325,000

1,001 sqft Oct 2024

RM 325.00 PSF

Single Storey Terraced LORONG MERAK 10

RM 330,000

1,001 sqft Oct 2024

RM 330.00 PSF

Single Storey Terraced LRG. MERAK 8

RM 340,000

990 sqft Sep 2024

RM 343.00 PSF

Single Storey Terraced LORONG MERAK 37

RM 290,000

1,001 sqft Sep 2024

RM 290.00 PSF

Single Storey Terraced LORONG MERAK 20

RM 291,000

1,001 sqft Jul 2024

RM 291.00 PSF

Single Storey Terraced LORONG MERAK 42

RM 255,000

1,001 sqft Jun 2024

RM 255.00 PSF

Single Storey Terraced LORONG MERAK 20

RM 330,000

1,001 sqft Jun 2024

RM 330.00 PSF

Low-Cost House LORONG MERAK 25

RM 300,000

1,001 sqft May 2024

RM 300.00 PSF

Single Storey Terraced LORONG MERAK 46

RM 250,000

1,001 sqft May 2024

RM 250.00 PSF

Single Storey Terraced LORONG MERAK 15

RM 295,000

1,001 sqft May 2024

RM 295.00 PSF

Single Storey Terraced LORONG MERAK 46

RM 250,000

1,001 sqft Apr 2024

RM 250.00 PSF

Single Storey Terraced LORONG MERAK 26

RM 360,000

1,001 sqft Mar 2024

RM 360.00 PSF

Single Storey Terraced LORONG MERAK 12

RM 270,000

1,001 sqft Mar 2024

RM 270.00 PSF

Single Storey Terraced LORONG MERAK 6

RM 320,000

1,001 sqft Feb 2024

RM 320.00 PSF

Single Storey Terraced LORONG MERAK 4

RM 280,000

1,012 sqft Jan 2024

RM 277.00 PSF

Single Storey Terraced JALAN MERAK 4

RM 300,000

1,033 sqft Jan 2024

RM 290.00 PSF

Low-Cost House LORONG MERAK 24

RM 290,000

1,044 sqft Dec 2023

RM 278.00 PSF

Single Storey Terraced LORONG MERAK 12

RM 300,000

1,001 sqft Nov 2023

RM 300.00 PSF

Single Storey Terraced LORONG MERAK 5

RM 320,000

1,001 sqft Nov 2023

RM 320.00 PSF

Single Storey Terraced LORONG MERAK 6

RM 275,000

1,001 sqft Oct 2023

RM 275.00 PSF

Low-Cost House LORONG MERAK 23

RM 300,000

1,001 sqft Oct 2023

RM 300.00 PSF

Low-Cost House LORONG MERAK 4

RM 250,000

1,001 sqft Oct 2023

RM 250.00 PSF

Single Storey Terraced LORONG MERAK 25

RM 280,000

1,001 sqft Oct 2023

RM 280.00 PSF

Single Storey Terraced JALAN MERAK 4

RM 290,000

1,033 sqft Aug 2023

RM 281.00 PSF

Single Storey Terraced LORONG MERAK 21

RM 355,000

1,012 sqft Aug 2023

RM 351.00 PSF

Low-Cost House LORONG MERAK 23

RM 270,000

1,001 sqft Jul 2023

RM 270.00 PSF

Single Storey Terraced LRG MERAK 25

RM 299,000

1,001 sqft Jul 2023

RM 299.00 PSF

Single Storey Terraced LORONG MERAK 5

RM 260,000

1,001 sqft Jun 2023

RM 260.00 PSF

Single Storey Terraced LORONG MERAK 23

RM 290,000

1,001 sqft Jun 2023

RM 290.00 PSF

Single Storey Terraced LRG MERAK 1

RM 310,000

1,001 sqft Jun 2023

RM 310.00 PSF

Single Storey Terraced LORONG MERAK 11

RM 300,000

1,001 sqft May 2023

RM 300.00 PSF

Single Storey Terraced LORONG MERAK 1

RM 273,000

1,012 sqft May 2023

RM 270.00 PSF

Single Storey Terraced LORONG MERAK 40

RM 259,000

1,001 sqft May 2023

RM 259.00 PSF

Low-Cost House LRG. MERAK 47

RM 280,000

1,001 sqft Apr 2023

RM 280.00 PSF

Single Storey Terraced LORONG MERAK 6

RM 250,000

1,001 sqft Apr 2023

RM 250.00 PSF

Low-Cost House LORONG MERAK 21

RM 250,000

1,012 sqft Mar 2023

RM 247.00 PSF

Low-Cost House LORONG MERAK 47

RM 200,000

1,001 sqft Mar 2023

RM 200.00 PSF

Low-Cost House LRG. MERAK 2

RM 280,000

990 sqft Jan 2023

RM 283.00 PSF

Single Storey Terraced LORONG MERAK 6

RM 225,000

1,001 sqft Nov 2022

RM 225.00 PSF

Single Storey Terraced LORONG MERAK 37

RM 224,000

1,001 sqft Nov 2022

RM 224.00 PSF

Single Storey Terraced LORONG MERAK 7

RM 244,000

1,001 sqft Nov 2022

RM 244.00 PSF

Low-Cost House LORONG MERAK 42

RM 180,000

1,001 sqft Oct 2022

RM 180.00 PSF

Single Storey Terraced LORONG MERAK 42

RM 260,000

1,001 sqft Sep 2022

RM 260.00 PSF

Low-Cost House LORONG MERAK 25

RM 233,000

1,001 sqft Sep 2022

RM 233.00 PSF

Single Storey Terraced LORONG MERAK 32

RM 200,000

1,001 sqft Aug 2022

RM 200.00 PSF

Single Storey Terraced LRG. MERAK 42

RM 230,000

1,001 sqft Aug 2022

RM 230.00 PSF

Type	Road	Price	PSF	Area	Date
Single Storey Terraced	LORONG MERAK 37	RM 330,000	RM 330.00	1,001 sqft	Feb 2025
Single Storey Terraced	LORONG MERAK 33	RM 300,000	RM 300.00	1,001 sqft	Nov 2024
Single Storey Terraced	LORONG MERAK 42	RM 228,000	RM 228.00	1,001 sqft	Nov 2024
Low-Cost House	LORONG MERAK 17	RM 285,000	RM 285.00	1,001 sqft	Oct 2024
Single Storey Terraced	JLN. MERAK 1	RM 325,000	RM 325.00	1,001 sqft	Oct 2024
Single Storey Terraced	LORONG MERAK 10	RM 330,000	RM 330.00	1,001 sqft	Oct 2024
Single Storey Terraced	LRG. MERAK 8	RM 340,000	RM 343.00	990 sqft	Sep 2024
Single Storey Terraced	LORONG MERAK 37	RM 290,000	RM 290.00	1,001 sqft	Sep 2024
Single Storey Terraced	LORONG MERAK 20	RM 291,000	RM 291.00	1,001 sqft	Jul 2024
Single Storey Terraced	LORONG MERAK 42	RM 255,000	RM 255.00	1,001 sqft	Jun 2024
Single Storey Terraced	LORONG MERAK 20	RM 330,000	RM 330.00	1,001 sqft	Jun 2024
Low-Cost House	LORONG MERAK 25	RM 300,000	RM 300.00	1,001 sqft	May 2024
Single Storey Terraced	LORONG MERAK 46	RM 250,000	RM 250.00	1,001 sqft	May 2024
Single Storey Terraced	LORONG MERAK 15	RM 295,000	RM 295.00	1,001 sqft	May 2024
Single Storey Terraced	LORONG MERAK 46	RM 250,000	RM 250.00	1,001 sqft	Apr 2024
Single Storey Terraced	LORONG MERAK 26	RM 360,000	RM 360.00	1,001 sqft	Mar 2024
Single Storey Terraced	LORONG MERAK 12	RM 270,000	RM 270.00	1,001 sqft	Mar 2024
Single Storey Terraced	LORONG MERAK 6	RM 320,000	RM 320.00	1,001 sqft	Feb 2024
Single Storey Terraced	LORONG MERAK 4	RM 280,000	RM 277.00	1,012 sqft	Jan 2024
Single Storey Terraced	JALAN MERAK 4	RM 300,000	RM 290.00	1,033 sqft	Jan 2024
Low-Cost House	LORONG MERAK 24	RM 290,000	RM 278.00	1,044 sqft	Dec 2023
Single Storey Terraced	LORONG MERAK 12	RM 300,000	RM 300.00	1,001 sqft	Nov 2023
Single Storey Terraced	LORONG MERAK 5	RM 320,000	RM 320.00	1,001 sqft	Nov 2023
Single Storey Terraced	LORONG MERAK 6	RM 275,000	RM 275.00	1,001 sqft	Oct 2023
Low-Cost House	LORONG MERAK 23	RM 300,000	RM 300.00	1,001 sqft	Oct 2023
Low-Cost House	LORONG MERAK 4	RM 250,000	RM 250.00	1,001 sqft	Oct 2023
Single Storey Terraced	LORONG MERAK 25	RM 280,000	RM 280.00	1,001 sqft	Oct 2023
Single Storey Terraced	JALAN MERAK 4	RM 290,000	RM 281.00	1,033 sqft	Aug 2023
Single Storey Terraced	LORONG MERAK 21	RM 355,000	RM 351.00	1,012 sqft	Aug 2023
Low-Cost House	LORONG MERAK 23	RM 270,000	RM 270.00	1,001 sqft	Jul 2023
Single Storey Terraced	LRG MERAK 25	RM 299,000	RM 299.00	1,001 sqft	Jul 2023
Single Storey Terraced	LORONG MERAK 5	RM 260,000	RM 260.00	1,001 sqft	Jun 2023
Single Storey Terraced	LORONG MERAK 23	RM 290,000	RM 290.00	1,001 sqft	Jun 2023
Single Storey Terraced	LRG MERAK 1	RM 310,000	RM 310.00	1,001 sqft	Jun 2023
Single Storey Terraced	LORONG MERAK 11	RM 300,000	RM 300.00	1,001 sqft	May 2023
Single Storey Terraced	LORONG MERAK 1	RM 273,000	RM 270.00	1,012 sqft	May 2023
Single Storey Terraced	LORONG MERAK 40	RM 259,000	RM 259.00	1,001 sqft	May 2023
Low-Cost House	LRG. MERAK 47	RM 280,000	RM 280.00	1,001 sqft	Apr 2023
Single Storey Terraced	LORONG MERAK 6	RM 250,000	RM 250.00	1,001 sqft	Apr 2023
Low-Cost House	LORONG MERAK 21	RM 250,000	RM 247.00	1,012 sqft	Mar 2023
Low-Cost House	LORONG MERAK 47	RM 200,000	RM 200.00	1,001 sqft	Mar 2023
Low-Cost House	LRG. MERAK 2	RM 280,000	RM 283.00	990 sqft	Jan 2023
Single Storey Terraced	LORONG MERAK 6	RM 225,000	RM 225.00	1,001 sqft	Nov 2022
Single Storey Terraced	LORONG MERAK 37	RM 224,000	RM 224.00	1,001 sqft	Nov 2022
Single Storey Terraced	LORONG MERAK 7	RM 244,000	RM 244.00	1,001 sqft	Nov 2022
Low-Cost House	LORONG MERAK 42	RM 180,000	RM 180.00	1,001 sqft	Oct 2022
Single Storey Terraced	LORONG MERAK 42	RM 260,000	RM 260.00	1,001 sqft	Sep 2022
Low-Cost House	LORONG MERAK 25	RM 233,000	RM 233.00	1,001 sqft	Sep 2022
Single Storey Terraced	LORONG MERAK 32	RM 200,000	RM 200.00	1,001 sqft	Aug 2022
Single Storey Terraced	LRG. MERAK 42	RM 230,000	RM 230.00	1,001 sqft	Aug 2022