TMN NIRWANA Property Investment Analysis
PROPERTY TYPES OVERVIEW
Low-Cost House
17 properties
Median Price
RM 191,250
+4.0% CAGR
Median PSF
RM 144.50
-0.7% CAGR
2 - 2 1/2 Storey Terraced
6 properties
Median Price
RM 289,000
-7.3% CAGR
Median PSF
RM 200.50
-9.0% CAGR
Low-Cost Flat
6 properties
Median Price
RM 190,000
+11.1% CAGR
Median PSF
RM 261.00
Detached
3 properties
Median Price
RM 418,750
+16.1% CAGR
Median PSF
RM 54.50
+9.6% CAGR
1 - 1 1/2 Storey Terraced
2 properties
Median Price
RM 235,000
-37.9% CAGR
Median PSF
RM 158.00
-8.5% CAGR
1 - 1 1/2 Storey Semi-Detached
1 properties
Median Price
RM 220,000
Median PSF
RM 104.00
3 - 3 1/2 Storey Shop
1 properties
Median Price
RM 1,050,000
Median PSF
RM 374.00
Condominium/Apartment
1 properties
Median Price
RM 200,000
Median PSF
RM 227.00
Flat
1 properties
Median Price
RM 180,000
Median PSF
RM 204.00
Property Type | Properties | Transactions | Median Price | Price CAGR | Median PSF | PSF CAGR | |
---|---|---|---|---|---|---|---|
Low-Cost House | 17 | 3,249,000 |
RM 191,250
±19K MAD
|
+4.00% |
RM 144.50
±4 MAD
|
-0.69% | |
2 - 2 1/2 Storey Terraced | 6 | 1,568,000 |
RM 289,000
±11K MAD
|
-7.33% |
RM 200.50
±10 MAD
|
-9.05% | |
Low-Cost Flat | 6 | 1,100,000 |
RM 190,000
±10K MAD
|
+11.11% |
RM 261.00
|
- | |
Detached | 3 | 1,225,000 |
RM 418,750
±31K MAD
|
+16.13% |
RM 54.50
±3 MAD
|
+9.62% | |
1 - 1 1/2 Storey Terraced | 2 | 470,000 |
RM 235,000
±55K MAD
|
-37.93% |
RM 158.00
±7 MAD
|
-8.48% | |
1 - 1 1/2 Storey Semi-Detached | 1 | 220,000 |
RM 220,000
|
- |
RM 104.00
|
- | |
3 - 3 1/2 Storey Shop | 1 | 1,050,000 |
RM 1,050,000
|
- |
RM 374.00
|
- | |
Condominium/Apartment | 1 | 200,000 |
RM 200,000
|
- |
RM 227.00
|
- | |
Flat | 1 | 180,000 |
RM 180,000
|
- |
RM 204.00
|
- |
TMN NIRWANA in Seberang Perai Tengah, Penang recorded 24 subsale transactions between 2021 and 2025, with a median price of RM 400K and a median price per square foot (PSF) of RM 303.
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 400K, with most transactions falling within a stable range of RM 333K to RM 468K, and a typical market range of RM 335K to RM 465K.
Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.
The median PSF stands at RM 303, with core pricing between RM 254 and RM 353. Market pricing typically extends from RM 254.75 to RM 351.25, reflecting moderate variation in unit pricing. The spread of RM 96.50 (IQR) and deviation of RM 50 (MAD) suggest moderate price variations reflecting different property features.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Moderate transaction volume may require patience when buying or selling.
ADVANCED FILTERS
TRANSACTIONS
Type
|
Road
|
Price
|
PSF
|
Area
|
Date
|
---|---|---|---|---|---|
1 - 1 1/2 Storey Terraced |
LRG NIRWANA 7
|
RM 325,000
|
RM 296.00
|
1,098 sqft
|
Aug 2024
|
1 - 1 1/2 Storey Terraced |
LRG NIRWANA 10
|
RM 350,000
|
RM 319.00
|
1,098 sqft
|
May 2024
|
1 - 1 1/2 Storey Terraced |
LRG NIRWANA 14
|
RM 500,000
|
RM 411.00
|
1,216 sqft
|
Apr 2024
|
1 - 1 1/2 Storey Terraced |
LORONG NIRWANA 1
|
RM 385,000
|
RM 351.00
|
1,098 sqft
|
Mar 2024
|
1 - 1 1/2 Storey Terraced |
LORONG NIRWANA 13
|
RM 400,000
|
RM 178.00
|
2,250 sqft
|
Mar 2024
|
1 - 1 1/2 Storey Terraced |
LRG NIRWANA
|
RM 345,000
|
RM 314.00
|
1,098 sqft
|
Mar 2024
|
1 - 1 1/2 Storey Terraced |
LORONG NIRWANA 1
|
RM 300,000
|
RM 279.00
|
1,076 sqft
|
Feb 2024
|
1 - 1 1/2 Storey Terraced |
LORONG NIRWANA 1
|
RM 480,000
|
RM 230.00
|
2,088 sqft
|
Feb 2024
|
2 - 2 1/2 Storey Terraced |
LRG NIRWANA 8
|
RM 450,000
|
RM 410.00
|
1,098 sqft
|
Feb 2024
|
2 - 2 1/2 Storey Terraced |
LRG NIRWANAN 14
|
RM 473,000
|
RM 354.00
|
1,335 sqft
|
Oct 2023
|
2 - 2 1/2 Storey Terraced |
LORONG NIRWANA 8
|
RM 490,000
|
RM 446.00
|
1,098 sqft
|
Oct 2023
|
1 - 1 1/2 Storey Terraced |
LORONG NIRWANA 12
|
RM 370,000
|
RM 337.00
|
1,098 sqft
|
Aug 2023
|
2 - 2 1/2 Storey Terraced |
LRG NIRWANA 8
|
RM 535,000
|
RM 487.00
|
1,098 sqft
|
Apr 2023
|
1 - 1 1/2 Storey Terraced |
LRG NIRWANA 7
|
RM 460,000
|
RM 203.00
|
2,262 sqft
|
Feb 2023
|
2 - 2 1/2 Storey Terraced |
LRG NIRWANA 6
|
RM 445,000
|
RM 405.00
|
1,098 sqft
|
Dec 2022
|
1 - 1 1/2 Storey Terraced |
LRG NIRWANA 4
|
RM 310,000
|
RM 282.00
|
1,098 sqft
|
Oct 2022
|
1 - 1 1/2 Storey Terraced |
LRG NIRWANA 12
|
RM 500,000
|
RM 262.00
|
1,905 sqft
|
Sep 2022
|
1 - 1 1/2 Storey Terraced |
LRG NIRWANA 4
|
RM 300,000
|
RM 273.00
|
1,098 sqft
|
Apr 2022
|
1 - 1 1/2 Storey Terraced |
LORONG NIRWANA 13
|
RM 335,000
|
RM 305.00
|
1,100 sqft
|
Apr 2022
|
1 - 1 1/2 Storey Terraced |
LORONG NIRWANA 1
|
RM 320,000
|
RM 291.00
|
1,098 sqft
|
Mar 2022
|
1 - 1 1/2 Storey Terraced |
LORONG NIRWANA 1
|
RM 400,000
|
RM 192.00
|
2,088 sqft
|
Dec 2021
|
2 - 2 1/2 Storey Terraced |
LRG NIRWANA 6
|
RM 330,000
|
RM 301.00
|
1,098 sqft
|
Dec 2021
|
1 - 1 1/2 Storey Terraced |
LORONG NIRWANA 8
|
RM 438,000
|
RM 199.00
|
2,196 sqft
|
Dec 2021
|
2 - 2 1/2 Storey Terraced |
LRG NIRWANA 11
|
RM 450,000
|
RM 410.00
|
1,098 sqft
|
Dec 2021
|