Area Intelligence

TMN MERBAU INDAH

10 properties
Double Storey Semi-D
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Median Price
RM 877,500
PSF: RM 290

Residential Market

Median Price

RM 877,500

IQR: RM 203
MAD: RM 95
RM 290 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 10 Double Storey Semi-D properties subsale transactions between 2021 and 2025 for double storey semi-d properties, with a median price of RM 878K and a median price per square foot (PSF) of RM 290.

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 878K, with most transactions falling within a stable range of RM 739K to RM 1.02 million, and a typical market range of RM 749K to RM 1.01 million.

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

The median PSF stands at RM 290, with core pricing between RM 234 and RM 346. Market pricing typically extends from RM 185.00 to RM 395.00, reflecting moderate variation in unit pricing. The spread of RM 210.00 (IQR) and deviation of RM 56 (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.

Area Location

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TMN MERBAU INDAH, Seberang Perai Utara, Penang

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Transactions

10 properties grouped by size

2,550 sqft
5 units Double Storey Semi-D
RM 930,000
LRG MERBAU INDAH 8
2,540 sqft · RM 366.00 PSF
May 2024
RM 835,000
LORONG MERBAU INDAH 8
2,573 sqft · RM 325.00 PSF
Mar 2023
RM 650,000
JALAN MERBAU INDAH 1
2,573 sqft · RM 253.00 PSF
Oct 2022
RM 760,000
LRG MERBAU INDAH 8
2,551 sqft · RM 298.00 PSF
Oct 2022
RM 800,000
LORONG MERBAU INDAH 8
2,573 sqft · RM 311.00 PSF
Sep 2022
2,650 sqft
1 units Double Storey Semi-D
RM 731,000
LORONG MERBAU INDAH 3
2,626 sqft · RM 278.00 PSF
Apr 2022
2,900 sqft
1 units Double Storey Semi-D
RM 930,000
JALAN MERBAU INDAH 1
2,895 sqft · RM 321.00 PSF
Oct 2023
4,100 sqft
1 units Double Storey Semi-D
RM 1,160,000
LRG MERBAU INDAH 6
4,112 sqft · RM 282.00 PSF
Jun 2024
4,750 sqft
1 units Double Storey Semi-D
RM 920,000
LRG MERBAU INDAH 4
4,725 sqft · RM 195.00 PSF
Mar 2022
5,550 sqft
1 units Double Storey Semi-D
RM 980,000
LRG MERBAU INDAH 3
5,554 sqft · RM 176.00 PSF
Feb 2022