TMN MERAK
Residential Market
Median Price
RM 280,000
PSF Trends (2021-2025)
Commercial Market
Median Price
RM 350,000
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 0 subsale transactions between 2021 and 2025, with a median price of RM 280K and a median price per square foot (PSF) of RM 260.
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 244K to RM 316K, 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 260, with core pricing between RM 220 and RM 300. Market pricing typically extends from RM 216.50 to RM 303.50, reflecting moderate variation in unit pricing. The spread of RM 87.00 (IQR) and deviation of RM 40 (MAD) suggest moderate price variations reflecting different property features.
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.