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 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.
Filter by type, year, price, and size
Transactions
61 properties grouped by size
Road | Price | PSF | Size | Date | Type |
---|
LORONG MERAK 37
|
RM 330,000
|
RM 330.00
|
1,001 sqft
|
Feb 2025
|
|
LORONG MERAK 42
|
RM 228,000
|
RM 228.00
|
1,001 sqft
|
Nov 2024
|
|
LORONG MERAK 33
|
RM 300,000
|
RM 300.00
|
1,001 sqft
|
Nov 2024
|
|
JLN. MERAK 1
|
RM 325,000
|
RM 325.00
|
1,001 sqft
|
Oct 2024
|
|
LORONG MERAK 10
|
RM 330,000
|
RM 330.00
|
1,001 sqft
|
Oct 2024
|
|
LRG. MERAK 8
|
RM 340,000
|
RM 343.00
|
990 sqft
|
Sep 2024
|
JALAN MERAK 4
|
RM 300,000
|
RM 290.00
|
1,033 sqft
|
Jan 2024
|
|
JALAN MERAK 4
|
RM 290,000
|
RM 281.00
|
1,033 sqft
|
Aug 2023
|
LRG MERAK 61
|
RM 350,000
|
RM 319.00
|
1,098 sqft
|
Oct 2023
|
|
LRG MERAK 60
|
RM 230,000
|
RM 209.00
|
1,098 sqft
|
Jun 2022
|
LORONG MERAK 5
|
RM 300,000
|
RM 199.00
|
1,507 sqft
|
Jul 2022
|
|
LORONG MERAK 2
|
RM 180,000
|
RM 119.00
|
1,507 sqft
|
Dec 2021
|
LORONG MERAK 5
|
RM 380,000
|
RM 242.00
|
1,572 sqft
|
Aug 2024
|
LORONG MERAK 24
|
RM 270,000
|
RM 162.00
|
1,668 sqft
|
Feb 2022
|
|
LRG. MERAK 30
|
RM 290,000
|
RM 175.00
|
1,658 sqft
|
Feb 2022
|
LORONG MERAK 2
|
RM 360,000
|
RM 212.00
|
1,701 sqft
|
Mar 2023
|
LRG MERAK 5
|
RM 360,000
|
RM 171.00
|
2,110 sqft
|
Aug 2024
|
LORONG MERAK 27
|
RM 360,000
|
RM 169.00
|
2,131 sqft
|
Oct 2021
|