Area Intelligence

TMN MERBAH

2 properties
Single Storey Terraced
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Median Price
RM 325,000
PSF: RM 144

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 2 Single Storey Terraced properties subsale transactions between 2021 and 2025 for single storey terraced properties, with a median price of RM 325K and a median price per square foot (PSF) of RM 144.

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 325K, with most transactions falling within a stable range of RM 270K to RM 380K, and a typical market range of RM 270K to RM 380K.

Within the Single Storey Terraced category, 1 - 1 1/2 storey terraced dominated the market, with moderate diversity in property types available.

For price per square foot, the median is RM 144, with most transactions between RM 143 and RM 144. The usual range is RM 0.00 to RM 428.00, showing that most units are priced quite close to each other. With an IQR of RM 569.00 and MAD of RM 1, the PSF demonstrates reasonable consistency across the market.

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

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Transactions

2 properties grouped by size

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