TMN MERAK
Residential Market
Median Price
RM 445,000
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 6 Double Storey Terraced properties subsale transactions between 2021 and 2025 for double storey terraced properties, with a median price of RM 445K and a median price per square foot (PSF) of RM 373.
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 445K, with most transactions falling within a stable range of RM 416K to RM 474K, and a typical market range of RM 408K to RM 480K.
Within the Double Storey Terraced category, 1 - 1 1/2 storey terraced dominated the market, with high diversity across multiple property types.
For price per square foot, the median is RM 373, with most transactions between RM 348 and RM 397. The usual range is RM 329.00 to RM 416.00, showing that most units are priced quite close to each other. With an IQR of RM 87.00 and MAD of RM 25, 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. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.
Filter by type, year, price, and size
Transactions
6 properties grouped by size
Road | Price | PSF | Size | Date | Type |
---|
LORONG KENDI 8
|
RM 480,000
|
RM 402.00
|
1,195 sqft
|
Dec 2023
|
|
LRG KENDI
|
RM 440,000
|
RM 368.00
|
1,195 sqft
|
Jun 2023
|
|
LORONG KENDI 8
|
RM 450,000
|
RM 377.00
|
1,195 sqft
|
Mar 2023
|
|
LRG KENDI 4
|
RM 422,000
|
RM 353.00
|
1,195 sqft
|
May 2022
|
|
LORONG KENDI 6
|
RM 465,000
|
RM 389.00
|
1,195 sqft
|
Apr 2022
|
|
LORONG KENDI 6
|
RM 390,000
|
RM 326.00
|
1,195 sqft
|
Jan 2022
|