Area Intelligence

TMN MERAK

61 properties
Single Storey Terraced
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Median Price
RM 280,000
PSF: RM 270

Residential Market

Median Price

RM 280,000

IQR: RM 80
MAD: RM 40
RM 270 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 61 Single Storey Terraced properties subsale transactions between 2021 and 2025 for single storey terraced properties, with a median price of RM 280K and a median price per square foot (PSF) of RM 270.

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 237K to RM 323K, and a typical market range of RM 243K to RM 318K.

Within the Single Storey Terraced category, 1 - 1 1/2 storey terraced dominated the market, with high diversity across multiple property types.

The median PSF stands at RM 270, with core pricing between RM 221 and RM 319. Market pricing typically extends from RM 226.50 to RM 313.50, reflecting moderate variation in unit pricing. The spread of RM 87.00 (IQR) and deviation of RM 49 (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. Moderate transaction volume may require patience when buying or selling.

Area Location

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TMN MERAK, Seberang Perai Selatan, Penang

OSM

Transactions

61 properties grouped by size

1,000 sqft
49 units (showing 6) Single Storey Terraced
RM 330,000
LORONG MERAK 37
1,001 sqft · RM 330.00 PSF
Feb 2025
RM 228,000
LORONG MERAK 42
1,001 sqft · RM 228.00 PSF
Nov 2024
RM 300,000
LORONG MERAK 33
1,001 sqft · RM 300.00 PSF
Nov 2024
RM 325,000
JLN. MERAK 1
1,001 sqft · RM 325.00 PSF
Oct 2024
RM 330,000
LORONG MERAK 10
1,001 sqft · RM 330.00 PSF
Oct 2024
RM 340,000
LRG. MERAK 8
990 sqft · RM 343.00 PSF
Sep 2024
1,050 sqft
2 units Single Storey Terraced
RM 300,000
JALAN MERAK 4
1,033 sqft · RM 290.00 PSF
Jan 2024
RM 290,000
JALAN MERAK 4
1,033 sqft · RM 281.00 PSF
Aug 2023
1,100 sqft
2 units Single Storey Terraced
RM 350,000
LRG MERAK 61
1,098 sqft · RM 319.00 PSF
Oct 2023
RM 230,000
LRG MERAK 60
1,098 sqft · RM 209.00 PSF
Jun 2022
1,500 sqft
2 units Single Storey Terraced
RM 300,000
LORONG MERAK 5
1,507 sqft · RM 199.00 PSF
Jul 2022
RM 180,000
LORONG MERAK 2
1,507 sqft · RM 119.00 PSF
Dec 2021
1,550 sqft
1 units Single Storey Terraced
RM 380,000
LORONG MERAK 5
1,572 sqft · RM 242.00 PSF
Aug 2024
1,650 sqft
2 units Single Storey Terraced
RM 270,000
LORONG MERAK 24
1,668 sqft · RM 162.00 PSF
Feb 2022
RM 290,000
LRG. MERAK 30
1,658 sqft · RM 175.00 PSF
Feb 2022
1,700 sqft
1 units Single Storey Terraced
RM 360,000
LORONG MERAK 2
1,701 sqft · RM 212.00 PSF
Mar 2023
2,100 sqft
1 units Single Storey Terraced
RM 360,000
LRG MERAK 5
2,110 sqft · RM 171.00 PSF
Aug 2024
2,150 sqft
1 units Single Storey Terraced
RM 360,000
LORONG MERAK 27
2,131 sqft · RM 169.00 PSF
Oct 2021