Area Intelligence

TMN MERBAU INDAH

13 properties
Low-Cost Flat
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Median Price
RM 133,000
PSF: RM 215

Residential Market

Median Price

RM 133,000

IQR: RM 203
MAD: RM 95
RM 215 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 13 Low-Cost Flat properties subsale transactions between 2021 and 2025 for low-cost flat properties, with a median price of RM 133K and a median price per square foot (PSF) of RM 215.

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 133K, with most transactions falling within a stable range of RM 111K to RM 155K, and a typical market range of RM 85K to RM 160K.

Within the Low-Cost Flat category, 2 - 2 1/2 storey terraced dominated the market, with high diversity across multiple property types.

The median PSF stands at RM 215, with core pricing between RM 182 and RM 248. Market pricing typically extends from RM 110.00 to RM 320.00, reflecting moderate variation in unit pricing. The spread of RM 210.00 (IQR) and deviation of RM 33 (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. Significant price variations suggest comparing multiple properties and timing the market carefully. 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

13 properties grouped by size

600 sqft
10 units (showing 6) Low-Cost Flat
RM 139,000
603 sqft · RM 231.00 PSF
Nov 2024
RM 125,000
603 sqft · RM 207.00 PSF
Jan 2024
RM 120,000
603 sqft · RM 199.00 PSF
Dec 2023
RM 155,000
603 sqft · RM 257.00 PSF
Jun 2023
RM 130,000
603 sqft · RM 216.00 PSF
Mar 2023
RM 150,000
603 sqft · RM 249.00 PSF
Mar 2023
700 sqft
3 units Low-Cost Flat
RM 160,000
678 sqft · RM 236.00 PSF
Oct 2024
RM 146,000
678 sqft · RM 215.00 PSF
May 2024
RM 133,000
678 sqft · RM 196.00 PSF
May 2024