Area Intelligence

TMN MERBAU INDAH

9 properties
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Median Price
RM 565,000
PSF: RM 460

Residential Market

Median Price

RM 565,000

IQR: RM 203
MAD: RM 95
RM 460 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 9 subsale transactions between 2021 and 2025, with a median price of RM 565K and a median price per square foot (PSF) of RM 460.

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 565K, with most transactions falling within a stable range of RM 521K to RM 600K, and a typical market range of RM 488K to RM 600K.

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

For price per square foot, the median is RM 460, with most transactions between RM 424 and RM 496. The usual range is RM 355.00 to RM 565.00, showing that most units are priced quite close to each other. With an IQR of RM 210.00 and MAD of RM 36, 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. 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

9 properties grouped by size

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 580,000
LORONG MERBAU INDAH 10
1,227 sqft · RM 473.00 PSF
Sep 2023
RM 600,000
LRG MERBAU INDAH 12
1,227 sqft · RM 489.00 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