TMN MERBAU INDAH

TMN MERBAU INDAH in Seberang Perai Utara, Penang recorded 9 Double Storey Shop properties subsale transactions between 2021 and 2025 for double storey shop properties, with a median price of RM 888K and a median price per square foot (PSF) of RM 507.

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 888K, with most transactions falling within a stable range of RM 770K to RM 1.07 million, and a typical market range of RM 770K to RM 1.02 million.

Within the Double Storey Shop category, 2 - 2 1/2 storey terraced dominated the market, with high diversity across multiple property types.

Price per square foot shows a median of RM 507, though individual units vary from RM 387 to RM 627 in the core range. The broader market spans RM 402.00 to RM 612.00, indicating diverse property characteristics. The spread of RM 210.00 (IQR) and deviation of RM 120 (MAD) suggest moderate price variations reflecting different property features.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.