TMN B Property Investment Analysis

15, Seberang Perai Tengah, Penang

Median Price
RM 350,000
CAGR
+7.0%
Median PSF
RM 263.00
CAGR
+0.7%
Transactions
11
Period
2022-2024

TMN B in Seberang Perai Tengah, Penang recorded 11 subsale transactions between 2021 and 2025, with a median price of RM 350K and a median price per square foot (PSF) of RM 263.

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 350K, with most transactions falling within a stable range of RM 320K to RM 380K, and a typical market range of RM 333K to RM 368K.

Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.

The median PSF stands at RM 263, with core pricing between RM 236 and RM 290. Market pricing typically extends from RM 242.50 to RM 283.50, reflecting moderate variation in unit pricing. With an IQR of RM 41.00 and MAD of RM 27, the PSF demonstrates reasonable consistency across the market.

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.

ADVANCED FILTERS

TRANSACTIONS

11 found
1 - 1 1/2 Storey Terraced
TINGKAT MUHIBBAH 4
RM 350,000
PSF: RM 293.00
Area: 1,195 sqft
Date: Sep 2024
1 - 1 1/2 Storey Terraced
TINGKAT MUHIBBAH 1
RM 360,000
PSF: RM 299.00
Area: 1,206 sqft
Date: Aug 2024
2 - 2 1/2 Storey Semi-Detached
PERSIARAN MUHIBBAH
RM 718,000
PSF: RM 170.00
Area: 4,219 sqft
Date: Jun 2024
1 - 1 1/2 Storey Terraced
TINGKAT MUHIBBAH 4
RM 400,000
PSF: RM 258.00
Area: 1,550 sqft
Date: May 2024
Low-Cost House
LORONG MUHIBBAH
RM 320,000
PSF: RM 147.00
Area: 2,174 sqft
Date: Mar 2024
1 - 1 1/2 Storey Terraced
TINGKAT MUHIBBAH 5
RM 320,000
PSF: RM 263.00
Area: 1,216 sqft
Date: Jan 2024
1 - 1 1/2 Storey Terraced
TKT MUHIBBAH 2
RM 350,000
PSF: RM 290.00
Area: 1,206 sqft
Date: Oct 2023
1 - 1 1/2 Storey Terraced
TKT MUHIBBAH 2
RM 340,000
PSF: RM 282.00
Area: 1,206 sqft
Date: May 2023
1 - 1 1/2 Storey Terraced
LINTANG MUHIBBAH
RM 350,000
PSF: RM 290.00
Area: 1,206 sqft
Date: Dec 2022
1 - 1 1/2 Storey Terraced
LORONG MUHIBBAH
RM 310,000
PSF: RM 257.00
Area: 1,206 sqft
Date: Aug 2022
1 - 1 1/2 Storey Terraced
TINGKAT MUHIBBAH 3
RM 290,000
PSF: RM 241.00
Area: 1,206 sqft
Date: Jan 2022