Area Intelligence

TMN SUKUN

3 properties
2023
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Median Price
RM 680,000
PSF: RM 236

Residential Market

Median Price

RM 330,000

IQR: RM 38
MAD: RM 29
RM 236 PSF 6.8%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 705,000

IQR: RM 27
MAD: RM 17
RM 235 PSF 19.4%

PSF Trends (2021-2025)

TMN SUKUN in Seberang Perai Tengah, Penang recorded 3 subsale transactions in 2023, with a median price of RM 680K and a median price per square foot (PSF) of RM 236.

This area contains both residential and commercial properties. View 3 residential properties or 3 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 680K, with most transactions falling within a stable range of RM 502K to RM 730K, and a typical market range of RM 494K to RM 730K.

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

For price per square foot, the median is RM 236, with most transactions between RM 229 and RM 243. The usual range is RM 197.13 to RM 274.88, showing that most units are priced quite close to each other. With an IQR of RM 77.75 and MAD of RM 7, 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 SUKUN, Seberang Perai Tengah, Penang

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Transactions

3 properties grouped by size

1,400 sqft
1 units Single Storey Terraced
RM 330,000
LORONG SUKUN 3
1,399 sqft · RM 236.00 PSF
May 2023
3,000 sqft
2 units Double Storey Shop
RM 680,000
JALAN SUKUN 1
3,003 sqft · RM 226.00 PSF
Dec 2023
RM 730,000
JALAN SUKUN 1
3,003 sqft · RM 243.00 PSF
Mar 2023