TMN MERAK
Residential Market
Median Price
RM 293,000
PSF Trends (2021-2025)
Commercial Market
Median Price
RM 680,000
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 28 subsale transactions in 2024, with a median price of RM 298K and a median price per square foot (PSF) of RM 281.
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 298K, with most transactions falling within a stable range of RM 153K to RM 442K, and a typical market range of RM 260K to RM 335K.
Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.
Price per square foot shows a median of RM 281, though individual units vary from RM 206 to RM 356 in the core range. The broader market spans RM 237.50 to RM 324.50, indicating diverse property characteristics. A wider spread (IQR: RM 87.00) and deviation (MAD: RM 75) indicate significant PSF variations, likely due to diverse property types or conditions.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Moderate transaction volume may require patience when buying or selling.
Filter by type, year, price, and size
Transactions
28 properties found
|
Type
|
Road
|
Price
|
PSF
|
Area
|
Date
|
|---|---|---|---|---|---|
| Low-Cost Flat |
|
RM 60,000
|
RM 111.00
|
538 sqft
|
Dec 2024
|
| 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 Flat |
|
RM 52,000
|
RM 97.00
|
538 sqft
|
Nov 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
|
| Double Storey Shop |
LORONG MERAK 47
|
RM 530,000
|
RM 187.00
|
2,842 sqft
|
Oct 2024
|
| Low-Cost House |
LORONG MERAK 5
|
RM 325,000
|
RM 217.00
|
1,496 sqft
|
Oct 2024
|
| Low-Cost House |
LORONG MERAK 17
|
RM 285,000
|
RM 285.00
|
1,001 sqft
|
Oct 2024
|
| Single Storey Terraced |
LORONG MERAK 37
|
RM 290,000
|
RM 290.00
|
1,001 sqft
|
Sep 2024
|
| Single Storey Terraced |
LRG. MERAK 8
|
RM 340,000
|
RM 343.00
|
990 sqft
|
Sep 2024
|
| 3-Storey Storey Shop |
JALAN SIMPANG AMPAT
|
RM 830,000
|
RM 404.00
|
2,056 sqft
|
Sep 2024
|
| Single Storey Terraced |
LORONG MERAK 5
|
RM 380,000
|
RM 242.00
|
1,572 sqft
|
Aug 2024
|
| Single Storey Terraced |
LRG MERAK 5
|
RM 360,000
|
RM 171.00
|
2,110 sqft
|
Aug 2024
|
| Single Storey Terraced |
LORONG MERAK 20
|
RM 291,000
|
RM 291.00
|
1,001 sqft
|
Jul 2024
|
| Single Storey Terraced |
LORONG MERAK 20
|
RM 330,000
|
RM 330.00
|
1,001 sqft
|
Jun 2024
|
| Single Storey Terraced |
LORONG MERAK 42
|
RM 255,000
|
RM 255.00
|
1,001 sqft
|
Jun 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
|
May 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
|
Apr 2024
|
| Low-Cost Flat |
|
RM 110,000
|
RM 204.00
|
538 sqft
|
Apr 2024
|
| Single Storey Terraced |
LORONG MERAK 12
|
RM 270,000
|
RM 270.00
|
1,001 sqft
|
Mar 2024
|
| Single Storey Terraced |
LORONG MERAK 26
|
RM 360,000
|
RM 360.00
|
1,001 sqft
|
Mar 2024
|
| Single Storey Terraced |
LORONG MERAK 6
|
RM 320,000
|
RM 320.00
|
1,001 sqft
|
Feb 2024
|
| Low-Cost Flat |
|
RM 53,000
|
RM 98.00
|
538 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
|