TMN MERBAH
Residential Market
Median Price
RM 325,000
PSF Trends (2021-2025)
Commercial Market
Median Price
RM 900,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Single Storey Terraced
2 properties
Median Price
RM 325,000
+40.7% CAGR
Median PSF
RM 143.50
+0.7% CAGR
Double Storey Shop
2 properties
Median Price
RM 900,000
Median PSF
RM 714.50
Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
---|---|---|---|---|---|---|
Single Storey Terraced | 2 |
RM 325,000
±55K MAD
|
+40.74% |
RM 143.50
±1 MAD
|
+0.70% | |
Double Storey Shop | 2 |
RM 900,000
|
- |
RM 714.50
|
- |
TMN MERBAH in Seberang Perai Selatan, Penang recorded 2 Double Storey Shop properties subsale transactions between 2021 and 2025 for double storey shop properties, with a median price of RM 900K and a median price per square foot (PSF) of RM 715.
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 900K, with most transactions falling within a stable range of RM 850K to RM 950K, and a typical market range of RM 850K to RM 950K.
Within the Double Storey Shop 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 715, with most transactions between RM 711 and RM 718. The usual range is RM 430.00 to RM 999.00, showing that most units are priced quite close to each other. With an IQR of RM 569.00 and MAD of RM 4, 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.
Filter by type, year, price, and size
Transactions
2 properties grouped by size
Road | Price | PSF | Size | Date | Type |
---|
JALAN BESAR NIBONG TEBAL
|
RM 850,000
|
RM 711.00
|
1,195 sqft
|
Oct 2022
|
JALAN BESAR
|
RM 950,000
|
RM 718.00
|
1,324 sqft
|
Oct 2022
|