TMN GAMELAN

TMN GAMELAN in Seberang Perai Selatan, Penang recorded 3 subsale transactions in 2023, with a median price of RM 300K and a median price per square foot (PSF) of RM 254.

This area contains both residential and commercial properties. View 4 residential properties or 2 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 300K, with most transactions falling within a stable range of RM 250K to RM 417K, and a typical market range of RM 250K to RM 409K.

Most transactions involved 2 - 2 1/2 storey shop, with high diversity across multiple property types.

For price per square foot, the median is RM 254, with most transactions between RM 231 and RM 277. The usual range is RM 173.13 to RM 334.88, showing that most units are priced quite close to each other. With an IQR of RM 161.75 and MAD of RM 23, the PSF demonstrates reasonable consistency across the market.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.