TMN PINANG

TMN PINANG in Seberang Perai Tengah, Penang recorded 2 subsale transactions in 2022, with a median price of RM 205K and a median price per square foot (PSF) of RM 217.

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 205K, with most transactions falling within a stable range of RM 190K to RM 220K, and a typical market range of RM 194K to RM 216K.

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

For price per square foot, the median is RM 217, with most transactions between RM 201 and RM 232. The usual range is RM 204.50 to RM 228.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 24.00 and an average deviation (MAD) of RM 16 indicate a highly stable PSF trend across properties.

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.