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

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Transactions

70 properties found

Low-Cost Flat
RM 85,000
603 sqft Sep 2022
RM 141.00 PSF
Double Storey Semi-D LORONG MERBAU INDAH 8
RM 800,000
2,573 sqft Sep 2022
RM 311.00 PSF
Double Storey Terraced LRG MERBAU INDAH 14
RM 573,000
1,302 sqft Aug 2022
RM 440.00 PSF
Double Storey Terraced LRG MERBAU INDAH 10
RM 500,000
1,227 sqft Jul 2022
RM 407.00 PSF
Double Storey Terraced LORONG MERBAU INDAH 14
RM 650,000
1,302 sqft Jul 2022
RM 499.00 PSF
Double Storey Terraced LRG MERBAU INDAH 12
RM 490,000
1,227 sqft Jun 2022
RM 399.00 PSF
Double Storey Terraced JLN MERBAU INDAH 1
RM 565,000
1,227 sqft May 2022
RM 460.00 PSF
Double Storey Terraced LRG MERBAU INDAH 11
RM 715,000
2,002 sqft Apr 2022
RM 357.00 PSF
Double Storey Semi-D LORONG MERBAU INDAH 3
RM 731,000
2,626 sqft Apr 2022
RM 278.00 PSF
Double Storey Terraced LORONG MERBAU INDAH 14
RM 565,000
1,302 sqft Mar 2022
RM 434.00 PSF
Low-Cost Flat
RM 140,000
603 sqft Mar 2022
RM 232.00 PSF
Double Storey Terraced JALAN MERBAU INDAH 12
RM 575,000
1,302 sqft Mar 2022
RM 441.00 PSF
Double Storey Semi-D LRG MERBAU INDAH 4
RM 920,000
4,725 sqft Mar 2022
RM 195.00 PSF
Double Storey Terraced JALAN MERBAU INDAH 11
RM 628,000
1,302 sqft Feb 2022
RM 482.00 PSF
Double Storey Semi-D LRG MERBAU INDAH 3
RM 980,000
5,554 sqft Feb 2022
RM 176.00 PSF
Low-Cost Flat
RM 100,000
603 sqft Jan 2022
RM 166.00 PSF
Double Storey Terraced LORONG MERBAU INDAH 14
RM 745,000
2,433 sqft Dec 2021
RM 306.00 PSF
Double Storey Terraced LORONG MERBAU INDAH 14
RM 560,000
1,302 sqft Dec 2021
RM 430.00 PSF
Double Storey Terraced SOLOK MERBAU INDAH 3
RM 650,000
1,367 sqft Dec 2021
RM 475.00 PSF
Double Storey Terraced JLN MERBAU INDAH 1
RM 488,000
1,227 sqft Oct 2021
RM 398.00 PSF