TMN MERBAU
Residential Market
Median Price
RM 401,500
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Single Storey Terraced
7 properties
Median Price
RM 253,750
-1.0% CAGR
Median PSF
RM 175.75
-10.6% CAGR
Low-Cost House
7 properties
Median Price
RM 150,000
+16.8% CAGR
Median PSF
RM 109.50
+16.3% CAGR
Double Storey Terraced
4 properties
Median Price
RM 407,500
-37.0% CAGR
Median PSF
RM 304.00
-53.5% CAGR
Single Storey Semi-D
2 properties
Median Price
RM 275,000
+3.7% CAGR
Median PSF
RM 93.00
+41.6% CAGR
Double Storey Shop
2 properties
Median Price
RM 600,000
Median PSF
RM 340.00
Single Storey Shop
1 properties
Median Price
RM 200,000
Median PSF
RM 87.00
Double Storey Semi-D
1 properties
Median Price
RM 450,000
Median PSF
RM 126.00
| Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
|---|---|---|---|---|---|---|
| Single Storey Terraced | 7 |
RM 253,750
±17K MAD
|
-0.98% |
RM 175.75
±22 MAD
|
-10.56% | |
| Low-Cost House | 7 |
RM 150,000
|
+16.77% |
RM 109.50
±16 MAD
|
+16.26% | |
| Double Storey Terraced | 4 |
RM 407,500
±93K MAD
|
-37.00% |
RM 304.00
±111 MAD
|
-53.49% | |
| Single Storey Semi-D | 2 |
RM 275,000
±5K MAD
|
+3.70% |
RM 93.00
±16 MAD
|
+41.56% | |
| Double Storey Shop | 2 |
RM 600,000
|
- |
RM 340.00
|
- | |
| Single Storey Shop | 1 |
RM 200,000
|
- |
RM 87.00
|
- | |
| Double Storey Semi-D | 1 |
RM 450,000
|
- |
RM 126.00
|
- |
TMN MERBAU in Seberang Perai Utara, Penang recorded 4 subsale transactions between 2021 and 2025, with a median price of RM 402K and a median price per square foot (PSF) of RM 279.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 402K, with most transactions falling within a stable range of RM 329K to RM 474K, and a typical market range of RM 338K to RM 465K.
Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.
The median PSF stands at RM 279, with core pricing between RM 227 and RM 331. Market pricing typically extends from RM 228.13 to RM 328.88, reflecting moderate variation in unit pricing. The spread of RM 100.75 (IQR) and deviation of RM 52 (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.
Filter by type, year, price, and size
Transactions
4 properties grouped by size
| Road | Price | PSF | Size | Date | Type |
|---|
|
LORONG MERBAU 5
|
RM 500,000
|
RM 415.00
|
1,206 sqft
|
Nov 2022
|
|
LORONG MERBAU 3
|
RM 270,000
|
RM 207.00
|
1,302 sqft
|
May 2023
|
|
LORONG MERBAU 1
|
RM 448,000
|
RM 311.00
|
1,442 sqft
|
Apr 2022
|
|
|
TINGKAT MERBAU 2
|
RM 355,000
|
RM 246.00
|
1,442 sqft
|
Oct 2021
|