Area Intelligence

TMN MERBAU INDAH

4 properties
2021
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Median Price
RM 605,000
PSF: RM 414

Residential Market

Median Price

RM 605,000

IQR: RM 203
MAD: RM 95
RM 414 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 4 subsale transactions in 2021, with a median price of RM 605K and a median price per square foot (PSF) of RM 414.

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 605K, with most transactions falling within a stable range of RM 509K to RM 701K, and a typical market range of RM 488K to RM 733K.

Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.

The median PSF stands at RM 414, with core pricing between RM 352 and RM 476. Market pricing typically extends from RM 309.00 to RM 519.00, reflecting moderate variation in unit pricing. With an IQR of RM 210.00 and MAD of RM 62, the PSF demonstrates reasonable consistency across the market.

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

4 properties grouped by size

1,250 sqft
1 units Double Storey Terraced
RM 488,000
JLN MERBAU INDAH 1
1,227 sqft · RM 398.00 PSF
Oct 2021
1,300 sqft
1 units Double Storey Terraced
RM 560,000
LORONG MERBAU INDAH 14
1,302 sqft · RM 430.00 PSF
Dec 2021
1,350 sqft
1 units Double Storey Terraced
RM 650,000
SOLOK MERBAU INDAH 3
1,367 sqft · RM 475.00 PSF
Dec 2021
2,450 sqft
1 units Double Storey Terraced
RM 745,000
LORONG MERBAU INDAH 14
2,433 sqft · RM 306.00 PSF
Dec 2021