Seberang Perai Selatan, Penang · Freehold · 17 transactions
Estimated Market Value
Units (861–5969 sqft) estimated at RM160K – RM1.11M based on median PSF of RM186/sqft (17 verified transactions)
+86.9%
since 2022
Median Price
RM420K
RM275K – RM530K
Median PSF
RM186
RM122 – RM235
Transactions
17
2022-01 to 2026-01
Size Range
861 – 5969
sq.ft (built-up)
| Date | Type | Tenure | Size (sqft) | PSF | Price |
|---|---|---|---|---|---|
| Jan 2026 | 2 - 2 1/2 Storey Shop | Freehold | 2,626 | RM228 | RM600K |
| Oct 2025 | 2 - 2 1/2 Storey Shop | Freehold | 2,260 | RM208 | RM470K |
| Oct 2024 | 2 - 2 1/2 Storey Shop | Freehold | 2,260 | RM235 | RM530K |
| Sept 2024 | 3 - 3 1/2 Storey Shop | Freehold | 5,969 | RM139 | RM830K |
| Oct 2023 | 2 - 2 1/2 Storey Shop | Freehold | 2,260 | RM128 | RM290K |
| Oct 2023 | 2 - 2 1/2 Storey Shop | Freehold | 2,260 | RM155 | RM350K |
| Oct 2023 | 2 - 2 1/2 Storey Shop | Freehold | 2,090 | RM210 | RM438K |
| Aug 2023 | 2 - 2 1/2 Storey Shop | Freehold | 2,260 | RM102 | RM230K |
9 more transactions hidden
TMN MERAK · 17 transactions
vs RM200–500 valuer fee
from RM19.90
per month · or RM69.90 once
Investment ROI since first transaction
Capital gain 2022–2026 + est. rental yield
Market verdict
Trend direction, liquidity rating, PSF vs Seberang Perai Selatan average
All 17 transaction records
Complete data, filterable & sortable
3 interactive charts
Scatter plot, price & PSF vs Seberang Perai Selatan & Penang
Unit mix breakdown
Median price & PSF by size category
Rental yield analysis
Est. monthly rent by furnishing type
Best value
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Data-driven insights for TMN MERAK
Earliest PSF (2022)
RM122
Current PSF (2026)
RM228
Capital Gain
+86.9%
Total Return (est.)
25.7% p.a.
| Capital appreciation (4 years) | +86.9% |
| Annualised capital return | +21.7% p.a. |
| Est. gross rental yield | 4.0% p.a. |
| Est. total return (capital + rental) | 25.7% p.a. |
| vs Fixed Deposit (3.5% p.a. x 4yr) | +88.9% |
*Based on earliest recorded transaction (2022). Actual launch price may differ. Rental yield computed from 0 active rental listings.
Median Rent
RM1,400/mo
Rent Range
RM1100-1700
25th – 75th pct
Rent PSF
RM0.62
Est. Yield
4.0% p.a.
| Furnishing | Est. Rent |
|---|---|
| Bare/Unfurnished | RM1,200/mo |
| Semi Furnished | RM1,400/mo |
| Fully Furnished | RM1,800/mo |
*Estimated rental figures based on Penang district average gross yield (4%). Actual rents may vary.
| Size | Transactions | Median Price | Median PSF |
|---|---|---|---|
| 850 sqft | 2 | RM280K | RM325 |
| 2,250 sqft | 9 | RM350K | RM155 |
| 2,500 sqft | 2 | RM700K | RM278 |
PSF Trend: Appreciating
PSF moved from RM122 (2022) to RM228 (2026)
Liquidity: Low
17 transactions over 4 years (~4/year)
49% below Seberang Perai Selatan average
This project: RM186 PSF vs Seberang Perai Selatan median: RM367 PSF
Est. Total Return: 25.7% p.a. (beats FD)
Capital gain (21.7% p.a.) + rental yield (~4% p.a.)
TMN MERAK delivers a strong estimated total return of 25.7% p.a. — comprising +21.7% capital appreciation and ~4% rental yield over 4 years. This outperforms fixed deposits (3.5% p.a.) when rental income is factored in. PSF trades 49% below the Seberang Perai Selatan average — potentially undervalued. Best suited for capital gain seekers, long-term holders.
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ROI since first transaction, unit mix breakdown, rental yield, area comparison & market verdict
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