TMN MAKOK Property Investment Analysis

TMN MAKOK in Seberang Perai Tengah, Penang recorded 6 subsale transactions between 2021 and 2025, with a median price of RM 470K and a median price per square foot (PSF) of RM 300.

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 470K, with most transactions falling within a stable range of RM 415K to RM 525K, and a typical market range of RM 416K to RM 524K.

Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.

The median PSF stands at RM 300, with core pricing between RM 258 and RM 343. Market pricing typically extends from RM 268.13 to RM 331.88, reflecting moderate variation in unit pricing. With an IQR of RM 63.75 and MAD of RM 43, 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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.