TMN MERAK

TMN MERAK in Seberang Perai Selatan, Penang recorded 21 Low-Cost House properties subsale transactions between 2021 and 2025 for low-cost house properties, with a median price of RM 280K and a median price per square foot (PSF) of RM 250.

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 227K to RM 333K, and a typical market range of RM 243K to RM 318K.

Within the Low-Cost House category, 1 - 1 1/2 storey terraced dominated the market, with high diversity across multiple property types.

Price per square foot shows a median of RM 250, though individual units vary from RM 182 to RM 318 in the core range. The broader market spans RM 206.50 to RM 293.50, indicating diverse property characteristics. A wider spread (IQR: RM 87.00) and deviation (MAD: RM 68) indicate significant PSF variations, likely due to diverse property types or conditions.

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.