Area Intelligence

TMN MUTIARA

3 properties
3-Storey Storey Shop
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Median Price
RM 1,200,000
PSF: RM 829

Residential Market

Median Price

RM 86,000

IQR: RM 130
MAD: RM 69
RM 163 PSF 12.6%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 1,200,000

IQR: RM 536
MAD: RM 274
RM 829 PSF 0.5%

PSF Trends (2021-2025)

TMN MUTIARA in Seberang Perai Tengah, Penang recorded 3 3-Storey Storey Shop properties subsale transactions between 2021 and 2025 for 3-storey storey shop properties, with a median price of RM 1.20 million and a median price per square foot (PSF) of RM 829.

This area contains both residential and commercial properties. View 11 residential properties or 11 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 1.20 million, with most transactions falling within a stable range of RM 750K to RM 1.72 million, and a typical market range of RM 891K to RM 1.51 million.

Within the 3-Storey Storey Shop category, shop unit/retail lot dominated the market, with high diversity across multiple property types.

Price per square foot shows a median of RM 829, though individual units vary from RM 616 to RM 1,042 in the core range. The broader market spans RM 701.63 to RM 956.38, indicating diverse property characteristics. A wider spread (IQR: RM 254.75) and deviation (MAD: RM 213) indicate significant PSF variations, likely due to diverse property types or conditions.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TMN MUTIARA, Seberang Perai Tengah, Penang

OSM

Transactions

3 properties grouped by size

1,200 sqft
1 units 3-Storey Storey Shop
RM 1,200,000
JALAN PADANG LALLANG
1,206 sqft · RM 995.00 PSF
Dec 2023
1,550 sqft
1 units 3-Storey Storey Shop
RM 750,000
JALAN TEMBIKAI
1,550 sqft · RM 484.00 PSF
Apr 2023
2,400 sqft
1 units 3-Storey Storey Shop
RM 2,000,000
JALAN TEMBIKAI
2,411 sqft · RM 829.00 PSF
Oct 2024