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)

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

OSM

Transactions

66 properties grouped by size

1,000 sqft
62 units (showing 6)
RM 330,000
Single Storey Terraced LORONG MERAK 37
1,001 sqft · RM 330.00 PSF
Feb 2025
RM 300,000
Single Storey Terraced LORONG MERAK 33
1,001 sqft · RM 300.00 PSF
Nov 2024
RM 228,000
Single Storey Terraced LORONG MERAK 42
1,001 sqft · RM 228.00 PSF
Nov 2024
RM 285,000
Low-Cost House LORONG MERAK 17
1,001 sqft · RM 285.00 PSF
Oct 2024
RM 325,000
Single Storey Terraced JLN. MERAK 1
1,001 sqft · RM 325.00 PSF
Oct 2024
RM 330,000
Single Storey Terraced LORONG MERAK 10
1,001 sqft · RM 330.00 PSF
Oct 2024
1,050 sqft
4 units
RM 300,000
Single Storey Terraced JALAN MERAK 4
1,033 sqft · RM 290.00 PSF
Jan 2024
RM 290,000
Low-Cost House LORONG MERAK 24
1,044 sqft · RM 278.00 PSF
Dec 2023
RM 290,000
Single Storey Terraced JALAN MERAK 4
1,033 sqft · RM 281.00 PSF
Aug 2023
RM 280,000
Low-Cost House LORONG MERAK 39
1,044 sqft · RM 268.00 PSF
Dec 2021