TMN MERBAU
Residential Market
Median Price
RM 355,000
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 1 subsale transactions in 2021, with a median price of RM 355K and a median price per square foot (PSF) of RM 246.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat.
Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.
For price per square foot, the median is RM 246, with most transactions between RM 246 and RM 246. The usual range is RM 195.63 to RM 296.38, showing that most units are priced quite close to each other. With an IQR of RM 100.75 and MAD of RM 0, the PSF demonstrates reasonable consistency across the market.
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
1 properties found
|
Type
|
Road
|
Price
|
PSF
|
Area
|
Date
|
|---|---|---|---|---|---|
| Single Storey Terraced |
TINGKAT MERBAU 2
|
RM 355,000
|
RM 246.00
|
1,442 sqft
|
Oct 2021
|