TMN MARKISAH

TMN MARKISAH in Seberang Perai Tengah, Penang recorded 2 subsale transactions in 2021, with a median price of RM 250K and a median price per square foot (PSF) of RM 112.

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 250K, with most transactions falling within a stable range of RM 55K to RM 444K, and a typical market range of RM 191K to RM 308K.

Most transactions involved 1 - 1 1/2 storey semi-detached, with high diversity across multiple property types.

For price per square foot, the median is RM 112, with most transactions between RM 104 and RM 120. The usual range is RM 76.75 to RM 147.25, showing that most units are priced quite close to each other. With an IQR of RM 70.50 and MAD of RM 8, the PSF demonstrates reasonable consistency across the market.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.