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

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Filter by type, year, price, and size

Transactions

70 properties found

Low-Cost Flat
RM 139,000
603 sqft Nov 2024
RM 231.00 PSF
Low-Cost Flat
RM 160,000
678 sqft Oct 2024
RM 236.00 PSF
Double Storey Shop JLN MERBAU INDAH
RM 928,000
1,302 sqft Oct 2024
RM 713.00 PSF
Double Storey Terraced LORONG MERBAU INDAH 10
RM 580,000
1,227 sqft Sep 2024
RM 473.00 PSF
Double Storey Terraced LORONG MERBAU INDAH
RM 648,000
1,378 sqft Sep 2024
RM 470.00 PSF
Double Storey Shop JLN MERBAU INDAH
RM 1,378,000
1,722 sqft Aug 2024
RM 800.00 PSF
Double Storey Terraced LRG MERBAU INDAH 14
RM 600,000
1,302 sqft Aug 2024
RM 461.00 PSF
Double Storey Terraced LORONG MERBAU INDAH
RM 673,000
1,658 sqft Aug 2024
RM 406.00 PSF
Double Storey Semi-D LRG MERBAU INDAH 6
RM 1,160,000
4,112 sqft Jun 2024
RM 282.00 PSF
Double Storey Terraced LRG MERBAU INDAH
RM 671,000
1,636 sqft Jun 2024
RM 410.00 PSF
Double Storey Shop JLN MERBAU INDAH
RM 928,000
2,024 sqft Jun 2024
RM 459.00 PSF
Double Storey Terraced LORONG MERBAU INDAH
RM 675,000
1,679 sqft Jun 2024
RM 402.00 PSF
Shop/Retail Lot
RM 160,000
603 sqft May 2024
RM 265.00 PSF
Double Storey Terraced LRG MERBAU INDAH
RM 669,000
1,615 sqft May 2024
RM 414.00 PSF
Low-Cost Flat
RM 133,000
678 sqft May 2024
RM 196.00 PSF
Low-Cost Flat
RM 146,000
678 sqft May 2024
RM 215.00 PSF
Double Storey Semi-D LRG MERBAU INDAH 8
RM 930,000
2,540 sqft May 2024
RM 366.00 PSF
Double Storey Shop JLN MERBAU INDAH
RM 928,000
1,302 sqft May 2024
RM 713.00 PSF
Shop/Retail Lot
RM 165,000
624 sqft Feb 2024
RM 264.00 PSF
Double Storey Shop JALAN MERBAU INDAH
RM 888,000
1,302 sqft Feb 2024
RM 682.00 PSF
Low-Cost Flat
RM 125,000
603 sqft Jan 2024
RM 207.00 PSF
Double Storey Terraced LORONG MERBAU INDAH 14
RM 770,000
3,466 sqft Jan 2024
RM 222.00 PSF
Double Storey Terraced LORONG MERBAU INDAH
RM 700,000
1,668 sqft Jan 2024
RM 420.00 PSF
Low-Cost Flat
RM 120,000
603 sqft Dec 2023
RM 199.00 PSF
Double Storey Terraced LRG MERBAU INDAH 14
RM 605,000
1,302 sqft Nov 2023
RM 465.00 PSF
Double Storey Semi-D JALAN MERBAU INDAH 1
RM 930,000
2,895 sqft Oct 2023
RM 321.00 PSF
Double Storey Terraced LRG MERBAU INDAH 12
RM 600,000
1,227 sqft Sep 2023
RM 489.00 PSF
Double Storey Terraced LORONG MERBAU INDAH 10
RM 580,000
1,227 sqft Sep 2023
RM 473.00 PSF
Double Storey Terraced LORONG MERBAU INDAH
RM 671,000
1,765 sqft Sep 2023
RM 380.00 PSF
Double Storey Terraced LORONG MERBAU INDAH
RM 701,000
2,099 sqft Sep 2023
RM 334.00 PSF
Low-Cost Flat
RM 155,000
603 sqft Jun 2023
RM 257.00 PSF
Double Storey Terraced LORONG MERBAU INDAH 10
RM 610,000
1,841 sqft May 2023
RM 331.00 PSF
Double Storey Terraced LORONG MERBAU INDAH 12
RM 710,000
2,885 sqft May 2023
RM 246.00 PSF
Low-Cost Flat
RM 150,000
603 sqft Mar 2023
RM 249.00 PSF
Low-Cost Flat
RM 130,000
603 sqft Mar 2023
RM 216.00 PSF
Double Storey Terraced LORONG MERBAU INDAH 12
RM 580,000
1,227 sqft Mar 2023
RM 473.00 PSF
Double Storey Semi-D LORONG MERBAU INDAH 8
RM 835,000
2,573 sqft Mar 2023
RM 325.00 PSF
Double Storey Terraced LORONG MERBAU INDAH 14
RM 600,000
1,302 sqft Mar 2023
RM 461.00 PSF
Double Storey Terraced JALAN MERBAU INDAH 10
RM 500,000
1,227 sqft Feb 2023
RM 407.00 PSF
Double Storey Terraced LORONG MERBAU INDAH 13
RM 720,000
1,561 sqft Dec 2022
RM 461.00 PSF
Double Storey Shop JLN MERBAU INDAH
RM 770,000
1,528 sqft Dec 2022
RM 504.00 PSF
Double Storey Shop JLN MERBAU INDAH
RM 770,000
1,518 sqft Dec 2022
RM 507.00 PSF
Double Storey Shop JALAN MERBAU INDAH
RM 770,000
1,528 sqft Dec 2022
RM 504.00 PSF
Double Storey Terraced LORONG MERBAU INDAH 14
RM 680,000
1,302 sqft Dec 2022
RM 522.00 PSF
Low-Cost Flat
RM 100,000
603 sqft Nov 2022
RM 166.00 PSF
Double Storey Semi-D JALAN MERBAU INDAH 1
RM 650,000
2,573 sqft Oct 2022
RM 253.00 PSF
Double Storey Terraced LORONG MERBAU INDAH 10
RM 635,000
1,841 sqft Oct 2022
RM 345.00 PSF
Double Storey Shop JALAN MERBAU INDAH
RM 770,000
1,561 sqft Oct 2022
RM 493.00 PSF
Double Storey Semi-D LRG MERBAU INDAH 8
RM 760,000
2,551 sqft Oct 2022
RM 298.00 PSF
Double Storey Terraced LORONG MERBAU INDAH 12
RM 650,000
1,302 sqft Oct 2022
RM 499.00 PSF