Area Intelligence

TMN ASAS PLAZA

5 properties
2024
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Median Price
RM 70,000
PSF: RM 115

Commercial Market

Median Price

RM 70,000

IQR: RM 26
MAD: RM 16
RM 115 PSF 24.4%

PSF Trends (2021-2025)

TMN ASAS PLAZA in Seberang Perai Tengah, Penang recorded 5 subsale transactions in 2024, with a median price of RM 70K and a median price per square foot (PSF) of RM 115.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 70K, with most transactions falling within a stable range of RM 69K to RM 77K, and a typical market range of RM 69K to RM 83K.

Most transactions involved shop unit/retail lot, with minimal variety in property types.

For price per square foot, the median is RM 115, with most transactions between RM 107 and RM 123. The usual range is RM 102.00 to RM 128.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 26.00 and an average deviation (MAD) of RM 8 indicate a highly stable PSF trend across properties.

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 ASAS PLAZA, Seberang Perai Tengah, Penang

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Transactions

5 properties found

Shop/Retail Lot
RM 69,000
601 sqft Jun 2024
RM 115.00 PSF
Shop/Retail Lot
RM 70,000
603 sqft Jun 2024
RM 116.00 PSF
Shop/Retail Lot
RM 85,000
853 sqft Jun 2024
RM 100.00 PSF
Shop/Retail Lot
RM 84,000
843 sqft Mar 2024
RM 100.00 PSF
Shop/Retail Lot
RM 70,000
603 sqft Feb 2024
RM 116.00 PSF