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TMN MERBAH

Seberang Perai Selatan, Pulau Pinang · Commercial · 5 recorded sales, Sep 2022 to Aug 2025

Thinly traded · 1 sale in 12 months2 - 2 1/2 Storey Shop · 31 - 1 1/2 Storey Terraced · 2
RM 379psf median, against main floor area · 5 priced sales
© CARTO · © OpenStreetMap

The record

Middle half (25th–75th)
RM 354 – 499 psf
Median price
RM 800,000
Price range
RM 270k – RM 950k
Main floor area
762 – 2,260 sq ft
Land area
1,195 – 2,648 sq ft
Median price per sq ft of land
RM 572

Median of 5 sales that carry a usable area, out of 5 on record. Half the sales fell inside the middle-half band; half did not.

Land is published separately from main floor area and is the larger of the two here — a median of 1,399 sq ft against 1,324. Two houses can share a floor area and differ by half their land, so the price per square foot of the building is not by itself a comparison between them.

Liquidity

1 sale in the 12 months to Aug 2025. Last on record: 1 Aug 2025.

Counted against the newest sale in the corpus, not against today: NAPIC runs about three months in arrears, so a window ending today would quietly be a nine-month window and read low.

20223 · RM 379 psf
20231 · RM 499 psf
20251 · RM 354 psf

Quarterly medians · not a price trend

2894325762022 Q3 — RM 317 psf, 1 sale2022 Q4 — RM 548 psf, 2 sales2023 Q3 — RM 499 psf, 1 sale2025 Q3 — RM 354 psf, 1 sale
2022 Q32025 Q3
5+ sales in the quarterfewer — plotted, never joinedNo run of 3 quarters is dense enough to draw a line through.

Each point is the median psf of what sold that quarter, so it moves with the mix as much as with price — a quarter in which the larger units happened to change hands reads low per square foot without anything having got cheaper. A line is drawn only along a run of three or more consecutive quarters that each carry five or more sales — two points are a difference, not a direction.

There is no mix-adjusted series for commercial in Pulau Pinang long or clean enough to state a direction, so this page states none.

Distribution · 5 priced sales

RM 320–347 psf — 1 saleRM 347–374 psf — 1 saleRM 374–401 psf — 1 saleRM 401–428 psf — 0 salesRM 428–455 psf — 0 salesRM 455–483 psf — 0 salesRM 483–510 psf — 1 saleRM 510–537 psf — 0 salesRM 537–564 psf — 0 salesRM 564–591 psf — 0 salesRM 591–619 psf — 0 salesRM 619–646 psf — 0 salesRM 646–673 psf — 0 salesRM 673–700 psf — 1 sale
RM 320RM 700 psf

Each bar counts sales in a RM 27 psf band, measured against main floor area. The axis is trimmed to the 2nd–98th percentile, so a handful of sales fall outside it; they are still counted in every figure above.

Most recent sales · 5 of 5

DateTypeArea (sq ft)PricepsfTenure
1 Aug 20252 - 2 1/2 Storey Shop2,260RM 800,000354Freehold
24 Jul 20231 - 1 1/2 Storey Terraced762RM 380,000499Freehold
27 Oct 20222 - 2 1/2 Storey Shop1,324RM 950,000718Freehold
27 Oct 20222 - 2 1/2 Storey Shop2,242RM 850,000379Freehold
2 Sep 20221 - 1 1/2 Storey Terraced853RM 270,000317Freehold

Others in Seberang Perai Selatan · commercial

BANDAR NIBONG TEBAL
RM 229 psf · 26 sales · 1 km
TAMAN NURI
RM 113 psf · 19 sales · 1.9 km
TMN FAJAR
RM 195 psf · 24 sales · 3.7 km
TAMAN SURIA
RM 173 psf · 5 sales · 4.2 km
PEKAN SUNGAI BAKAP
RM 190 psf · 6 sales · 5.3 km
TAMAN TANGLING INDAH
RM 304 psf · 12 sales · 9.6 km
VERVEA
RM 438 psf · 35 sales
VORTEX BUSINESS PARK
RM 461 psf · 20 sales

Where these numbers come from

Every figure on this page is computed from registered transactions published by the National Property Information Centre (NAPIC), Valuation and Property Services Department (JPPH), Ministry of Finance Malaysia, as open data. These are completed sales, not asking prices, and not properties currently on the market.
Areas are as published: main floor area. Nothing here is a valuation.