TMN MERBAU INDAH

TMN MERBAU INDAH in Seberang Perai Utara, Penang recorded 16 subsale transactions in 2023, with a median price of RM 600K and a median price per square foot (PSF) of RM 333.

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 600K, with most transactions falling within a stable range of RM 353K to RM 847K, and a typical market range of RM 472K to RM 728K.

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 333, though individual units vary from RM 235 to RM 430 in the core range. The broader market spans RM 227.50 to RM 437.50, indicating diverse property characteristics. A wider spread (IQR: RM 210.00) and deviation (MAD: RM 97) indicate significant PSF variations, likely due to diverse property types or conditions.

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.