Area Intelligence

TMN MERBAU INDAH

14 properties
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Median Price
RM 616,500
PSF: RM 474

Residential Market

Median Price

RM 600,000

IQR: RM 203
MAD: RM 95
RM 461 PSF 2.5%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 928,000

IQR: RM 222
MAD: RM 178
RM 713 PSF 16.3%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TMN MERBAU INDAH in Seberang Perai Utara, Penang recorded 14 subsale transactions between 2021 and 2025, with a median price of RM 617K and a median price per square foot (PSF) of RM 474.

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 617K, with most transactions falling within a stable range of RM 560K to RM 747K, and a typical market range of RM 560K to RM 745K.

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 474, though individual units vary from RM 373 to RM 574 in the core range. The broader market spans RM 368.50 to RM 578.50, indicating diverse property characteristics. The spread of RM 210.00 (IQR) and deviation of RM 100 (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. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TMN MERBAU INDAH, Seberang Perai Utara, Penang

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Transactions

14 properties found

Double Storey Shop JLN MERBAU INDAH
RM 928,000
1,302 sqft Oct 2024
RM 713.00 PSF
Double Storey Terraced LRG MERBAU INDAH 14
RM 600,000
1,302 sqft Aug 2024
RM 461.00 PSF
Double Storey Shop JLN MERBAU INDAH
RM 928,000
1,302 sqft May 2024
RM 713.00 PSF
Double Storey Shop JALAN MERBAU INDAH
RM 888,000
1,302 sqft Feb 2024
RM 682.00 PSF
Double Storey Terraced LRG MERBAU INDAH 14
RM 605,000
1,302 sqft Nov 2023
RM 465.00 PSF
Double Storey Terraced LORONG MERBAU INDAH 14
RM 600,000
1,302 sqft Mar 2023
RM 461.00 PSF
Double Storey Terraced LORONG MERBAU INDAH 14
RM 680,000
1,302 sqft Dec 2022
RM 522.00 PSF
Double Storey Terraced LORONG MERBAU INDAH 12
RM 650,000
1,302 sqft Oct 2022
RM 499.00 PSF
Double Storey Terraced LRG MERBAU INDAH 14
RM 573,000
1,302 sqft Aug 2022
RM 440.00 PSF
Double Storey Terraced LORONG MERBAU INDAH 14
RM 650,000
1,302 sqft Jul 2022
RM 499.00 PSF
Double Storey Terraced JALAN MERBAU INDAH 12
RM 575,000
1,302 sqft Mar 2022
RM 441.00 PSF
Double Storey Terraced LORONG MERBAU INDAH 14
RM 565,000
1,302 sqft Mar 2022
RM 434.00 PSF
Double Storey Terraced JALAN MERBAU INDAH 11
RM 628,000
1,302 sqft Feb 2022
RM 482.00 PSF
Double Storey Terraced LORONG MERBAU INDAH 14
RM 560,000
1,302 sqft Dec 2021
RM 430.00 PSF