TMN PINANG

TMN PINANG in Seberang Perai Tengah, Penang recorded 4 subsale transactions in 2023, with a median price of RM 198K and a median price per square foot (PSF) of RM 201.

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 198K, with most transactions falling within a stable range of RM 185K to RM 248K, and a typical market range of RM 186K to RM 209K.

Most transactions involved low-cost house, though some variety exists in the market.

The median PSF stands at RM 201, with core pricing between RM 172 and RM 229. Market pricing typically extends from RM 188.50 to RM 212.50, reflecting moderate variation in unit pricing. With an IQR of RM 24.00 and MAD of RM 29, 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.