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 grouped by size

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