Area Intelligence

TMN MERBAU INDAH

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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 0 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. 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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