Area Intelligence

TMN MERBAH

1 properties
2023
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Median Price
RM 380,000
PSF: RM 144

Residential Market

Median Price

RM 380,000

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 1 subsale transactions in 2023, with a median price of RM 380K 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.

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

For price per square foot, the median is RM 144, with most transactions between RM 144 and RM 144. The usual range is RM 0.00 to RM 428.50, showing that most units are priced quite close to each other. With an IQR of RM 569.00 and MAD of RM 0, 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

1 properties grouped by size

2,650 sqft
1 units Single Storey Terraced
RM 380,000
LRG MERBAH 1
2,648 sqft · RM 144.00 PSF
Jul 2023