Area Intelligence

TMN PERWIRA INDAH

8 properties
Double Storey Shop
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Median Price
RM 575,000
PSF: RM 294

Residential Market

Median Price

RM 415,000

IQR: RM 130
MAD: RM 73
RM 296 PSF 36.5%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 575,000

IQR: RM 26
MAD: RM 19
RM 294 PSF 0.6%

PSF Trends (2021-2025)

TMN PERWIRA INDAH in Seberang Perai Tengah, Penang recorded 8 Double Storey Shop properties subsale transactions between 2021 and 2025 for double storey shop properties, with a median price of RM 575K and a median price per square foot (PSF) of RM 294.

This area contains both residential and commercial properties. View 39 residential properties or 8 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 575K, with most transactions falling within a stable range of RM 498K to RM 652K, and a typical market range of RM 450K to RM 680K.

Within the Double Storey Shop category, 2 - 2 1/2 storey terraced dominated the market, with high diversity across multiple property types.

The median PSF stands at RM 294, with core pricing between RM 262 and RM 326. Market pricing typically extends from RM 231.50 to RM 356.50, reflecting moderate variation in unit pricing. With an IQR of RM 125.00 and MAD of RM 32, 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. 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 PERWIRA INDAH, Seberang Perai Tengah, Penang

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Transactions

8 properties grouped by size

1,850 sqft
6 units Double Storey Shop
RM 600,000
LORONG PERWIRA INDAH 3
1,873 sqft · RM 320.00 PSF
Apr 2024
RM 550,000
LORONG PERWIRA INDAH 3
1,873 sqft · RM 294.00 PSF
Sep 2023
RM 550,000
LORONG PERWIRA INDAH 3
1,873 sqft · RM 294.00 PSF
Dec 2022
RM 550,000
LRG PERWIRA INDAH 1
1,873 sqft · RM 294.00 PSF
Nov 2022
RM 670,000
LORONG PERWIRA INDAH 1
1,873 sqft · RM 358.00 PSF
Sep 2022
RM 450,000
LORONG PERWIRA INDAH 3
1,873 sqft · RM 240.00 PSF
Sep 2022
2,500 sqft
2 units Double Storey Shop
RM 680,000
LRG PERWIRA INDAH 3
2,476 sqft · RM 275.00 PSF
Jun 2024
RM 680,000
LORONG PERWIRA INDAH 1
2,476 sqft · RM 275.00 PSF
Oct 2022