Area Intelligence

TMN MERBAU INDAH

70 properties
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Median Price
RM 649,000
PSF: RM 401

Residential Market

Median Price

RM 610,000

IQR: RM 203
MAD: RM 95
RM 366 PSF 2.5%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 770,000

IQR: RM 222
MAD: RM 178
RM 504 PSF 16.3%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TMN MERBAU INDAH in Seberang Perai Utara, Penang recorded 70 subsale transactions between 2021 and 2025, with a median price of RM 649K and a median price per square foot (PSF) of RM 401.

This area contains both residential and commercial properties. View 59 residential properties or 11 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 649K, with most transactions falling within a stable range of RM 528K to RM 770K, and a typical market range of RM 521K to RM 777K.

Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.

Price per square foot shows a median of RM 401, though individual units vary from RM 310 to RM 492 in the core range. The broader market spans RM 295.50 to RM 505.50, indicating diverse property characteristics. The spread of RM 210.00 (IQR) and deviation of RM 91 (MAD) suggest moderate price variations reflecting different property features.

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. Moderate transaction volume may require patience when buying or selling.

Area Location

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TMN MERBAU INDAH, Seberang Perai Utara, Penang

OSM

Filter by type, year, price, and size

Transactions

70 properties grouped by size

600 sqft
12 units (showing 6)
RM 139,000
Low-Cost Flat
603 sqft · RM 231.00 PSF
Nov 2024
RM 160,000
Shop/Retail Lot
603 sqft · RM 265.00 PSF
May 2024
RM 165,000
Shop/Retail Lot
624 sqft · RM 264.00 PSF
Feb 2024
RM 125,000
Low-Cost Flat
603 sqft · RM 207.00 PSF
Jan 2024
RM 120,000
Low-Cost Flat
603 sqft · RM 199.00 PSF
Dec 2023
RM 155,000
Low-Cost Flat
603 sqft · RM 257.00 PSF
Jun 2023
700 sqft
3 units Low-Cost Flat
RM 160,000
678 sqft · RM 236.00 PSF
Oct 2024
RM 133,000
678 sqft · RM 196.00 PSF
May 2024
RM 146,000
678 sqft · RM 215.00 PSF
May 2024
1,250 sqft
9 units (showing 6) Double Storey Terraced
RM 580,000
LORONG MERBAU INDAH 10
1,227 sqft · RM 473.00 PSF
Sep 2024
RM 600,000
LRG MERBAU INDAH 12
1,227 sqft · RM 489.00 PSF
Sep 2023
RM 580,000
LORONG MERBAU INDAH 10
1,227 sqft · RM 473.00 PSF
Sep 2023
RM 580,000
LORONG MERBAU INDAH 12
1,227 sqft · RM 473.00 PSF
Mar 2023
RM 500,000
JALAN MERBAU INDAH 10
1,227 sqft · RM 407.00 PSF
Feb 2023
RM 500,000
LRG MERBAU INDAH 10
1,227 sqft · RM 407.00 PSF
Jul 2022
1,300 sqft
14 units (showing 6)
RM 928,000
Double Storey Shop JLN MERBAU INDAH
1,302 sqft · RM 713.00 PSF
Oct 2024
RM 600,000
Double Storey Terraced LRG MERBAU INDAH 14
1,302 sqft · RM 461.00 PSF
Aug 2024
RM 928,000
Double Storey Shop JLN MERBAU INDAH
1,302 sqft · RM 713.00 PSF
May 2024
RM 888,000
Double Storey Shop JALAN MERBAU INDAH
1,302 sqft · RM 682.00 PSF
Feb 2024
RM 605,000
Double Storey Terraced LRG MERBAU INDAH 14
1,302 sqft · RM 465.00 PSF
Nov 2023
RM 600,000
Double Storey Terraced LORONG MERBAU INDAH 14
1,302 sqft · RM 461.00 PSF
Mar 2023
1,350 sqft
1 units Double Storey Terraced
RM 650,000
SOLOK MERBAU INDAH 3
1,367 sqft · RM 475.00 PSF
Dec 2021
1,400 sqft
1 units Double Storey Terraced
RM 648,000
LORONG MERBAU INDAH
1,378 sqft · RM 470.00 PSF
Sep 2024
1,500 sqft
1 units Double Storey Shop
RM 770,000
JLN MERBAU INDAH
1,518 sqft · RM 507.00 PSF
Dec 2022
1,550 sqft
4 units
RM 720,000
Double Storey Terraced LORONG MERBAU INDAH 13
1,561 sqft · RM 461.00 PSF
Dec 2022
RM 770,000
Double Storey Shop JLN MERBAU INDAH
1,528 sqft · RM 504.00 PSF
Dec 2022
RM 770,000
Double Storey Shop JALAN MERBAU INDAH
1,528 sqft · RM 504.00 PSF
Dec 2022
RM 770,000
Double Storey Shop JALAN MERBAU INDAH
1,561 sqft · RM 493.00 PSF
Oct 2022
1,600 sqft
1 units Double Storey Terraced
RM 669,000
LRG MERBAU INDAH
1,615 sqft · RM 414.00 PSF
May 2024
1,650 sqft
3 units Double Storey Terraced
RM 673,000
LORONG MERBAU INDAH
1,658 sqft · RM 406.00 PSF
Aug 2024
RM 671,000
LRG MERBAU INDAH
1,636 sqft · RM 410.00 PSF
Jun 2024
RM 700,000
LORONG MERBAU INDAH
1,668 sqft · RM 420.00 PSF
Jan 2024
1,700 sqft
2 units
RM 1,378,000
Double Storey Shop JLN MERBAU INDAH
1,722 sqft · RM 800.00 PSF
Aug 2024
RM 675,000
Double Storey Terraced LORONG MERBAU INDAH
1,679 sqft · RM 402.00 PSF
Jun 2024
1,750 sqft
1 units Double Storey Terraced
RM 671,000
LORONG MERBAU INDAH
1,765 sqft · RM 380.00 PSF
Sep 2023
1,850 sqft
2 units Double Storey Terraced
RM 610,000
LORONG MERBAU INDAH 10
1,841 sqft · RM 331.00 PSF
May 2023
RM 635,000
LORONG MERBAU INDAH 10
1,841 sqft · RM 345.00 PSF
Oct 2022
2,000 sqft
2 units
RM 928,000
Double Storey Shop JLN MERBAU INDAH
2,024 sqft · RM 459.00 PSF
Jun 2024
RM 715,000
Double Storey Terraced LRG MERBAU INDAH 11
2,002 sqft · RM 357.00 PSF
Apr 2022
2,100 sqft
1 units Double Storey Terraced
RM 701,000
LORONG MERBAU INDAH
2,099 sqft · RM 334.00 PSF
Sep 2023
2,450 sqft
1 units Double Storey Terraced
RM 745,000
LORONG MERBAU INDAH 14
2,433 sqft · RM 306.00 PSF
Dec 2021
2,550 sqft
5 units Double Storey Semi-D
RM 930,000
LRG MERBAU INDAH 8
2,540 sqft · RM 366.00 PSF
May 2024
RM 835,000
LORONG MERBAU INDAH 8
2,573 sqft · RM 325.00 PSF
Mar 2023
RM 650,000
JALAN MERBAU INDAH 1
2,573 sqft · RM 253.00 PSF
Oct 2022
RM 760,000
LRG MERBAU INDAH 8
2,551 sqft · RM 298.00 PSF
Oct 2022
RM 800,000
LORONG MERBAU INDAH 8
2,573 sqft · RM 311.00 PSF
Sep 2022
2,650 sqft
1 units Double Storey Semi-D
RM 731,000
LORONG MERBAU INDAH 3
2,626 sqft · RM 278.00 PSF
Apr 2022
2,900 sqft
2 units
RM 930,000
Double Storey Semi-D JALAN MERBAU INDAH 1
2,895 sqft · RM 321.00 PSF
Oct 2023
RM 710,000
Double Storey Terraced LORONG MERBAU INDAH 12
2,885 sqft · RM 246.00 PSF
May 2023
3,450 sqft
1 units Double Storey Terraced
RM 770,000
LORONG MERBAU INDAH 14
3,466 sqft · RM 222.00 PSF
Jan 2024
4,100 sqft
1 units Double Storey Semi-D
RM 1,160,000
LRG MERBAU INDAH 6
4,112 sqft · RM 282.00 PSF
Jun 2024
4,750 sqft
1 units Double Storey Semi-D
RM 920,000
LRG MERBAU INDAH 4
4,725 sqft · RM 195.00 PSF
Mar 2022
5,550 sqft
1 units Double Storey Semi-D
RM 980,000
LRG MERBAU INDAH 3
5,554 sqft · RM 176.00 PSF
Feb 2022