Area Intelligence

TMN MERBAH

4 properties
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Median Price
RM 615,000
PSF: RM 428

Residential Market

Median Price

RM 325,000

IQR: RM 1
MAD: RM 1
RM 144 PSF 0.7%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 900,000

IQR: RM 4
MAD: RM 4
RM 715 PSF

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TMN MERBAH in Seberang Perai Selatan, Penang recorded 4 subsale transactions between 2021 and 2025, with a median price of RM 615K and a median price per square foot (PSF) of RM 428.

This area contains both residential and commercial properties. View 2 residential properties or 2 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 615K, with most transactions falling within a stable range of RM 330K to RM 900K, and a typical market range of RM 354K to RM 876K.

Most transactions involved 1 - 1 1/2 storey terraced, with moderate diversity in property types available.

Price per square foot shows a median of RM 428, though individual units vary from RM 144 to RM 712 in the core range. The broader market spans RM 143.00 to RM 712.00, indicating diverse property characteristics. A wider spread (IQR: RM 569.00) and deviation (MAD: RM 284) indicate significant PSF variations, likely due to diverse property types or conditions.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TMN MERBAH, Seberang Perai Selatan, Penang

OSM

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Transactions

4 properties grouped by size

1,200 sqft
1 units Double Storey Shop
RM 850,000
JALAN BESAR NIBONG TEBAL
1,195 sqft · RM 711.00 PSF
Oct 2022
1,300 sqft
1 units Double Storey Shop
RM 950,000
JALAN BESAR
1,324 sqft · RM 718.00 PSF
Oct 2022
1,900 sqft
1 units Single Storey Terraced
RM 270,000
LORONG MERBAH 2
1,894 sqft · RM 143.00 PSF
Sep 2022
2,650 sqft
1 units Single Storey Terraced
RM 380,000
LRG MERBAH 1
2,648 sqft · RM 144.00 PSF
Jul 2023