TMN PINGGIRAN ALMA Property Investment Analysis

15, Seberang Perai Tengah, Penang

Median Price
RM 242,500
CAGR
-35.4%
Median PSF
RM 217.00
CAGR
-4.0%
Transactions
16
Period
2022-2025

TMN PINGGIRAN ALMA in Seberang Perai Tengah, Penang recorded 16 subsale transactions between 2021 and 2025, with a median price of RM 243K and a median price per square foot (PSF) of RM 217.

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 243K, with most transactions falling within a stable range of RM 109K to RM 376K, and a typical market range of RM 100K to RM 385K.

Most transactions involved low-cost flat, with moderate diversity in property types available.

Price per square foot shows a median of RM 217, though individual units vary from RM 167 to RM 267 in the core range. The broader market spans RM 171.00 to RM 263.00, indicating diverse property characteristics. The spread of RM 92.00 (IQR) and deviation of RM 50 (MAD) suggest moderate price variations reflecting different property features.

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.

ADVANCED FILTERS

TRANSACTIONS

16 found
Low-Cost Flat
RM 120,000
PSF: RM 186.00
Area: 646 sqft
Date: Jan 2025
Low-Cost Flat
RM 100,000
PSF: RM 155.00
Area: 646 sqft
Date: Jul 2024
Low-Cost Flat
RM 155,000
PSF: RM 240.00
Area: 646 sqft
Date: Jun 2024
Low-Cost Flat
RM 118,000
PSF: RM 183.00
Area: 646 sqft
Date: May 2024
Low-Cost Flat
RM 140,000
PSF: RM 217.00
Area: 646 sqft
Date: May 2024
Low-Cost Flat
RM 140,000
PSF: RM 217.00
Area: 646 sqft
Date: Apr 2024
1 - 1 1/2 Storey Terraced
LRG PINGGIRAN ALMA 8
RM 350,000
PSF: RM 290.00
Area: 1,206 sqft
Date: Dec 2023
1 - 1 1/2 Storey Terraced
JALAN PINGGIRAN ALMA 2
RM 400,000
PSF: RM 332.00
Area: 1,206 sqft
Date: Sep 2023
2 - 2 1/2 Storey Terraced
JLN PINGGIRAN ALMA 3
RM 448,000
PSF: RM 372.00
Area: 1,206 sqft
Date: Jul 2023
1 - 1 1/2 Storey Terraced
LORONG PINGGIRAN ALMA 11
RM 475,000
PSF: RM 215.00
Area: 2,207 sqft
Date: May 2023
1 - 1 1/2 Storey Terraced
LORONG PINGGIRAN ALMA 4
RM 420,000
PSF: RM 273.00
Area: 1,539 sqft
Date: Mar 2023
Low-Cost Flat
RM 95,000
PSF: RM 147.00
Area: 646 sqft
Date: Jan 2023
1 - 1 1/2 Storey Terraced
JALAN PINGGIRAN ALMA
RM 340,000
PSF: RM 261.00
Area: 1,302 sqft
Date: Nov 2022
Low-Cost Flat
RM 85,000
PSF: RM 132.00
Area: 646 sqft
Date: Oct 2022
2 - 2 1/2 Storey Terraced
LORONG PINGGIRAN ALMA 7
RM 420,000
PSF: RM 348.00
Area: 1,206 sqft
Date: Aug 2022
1 - 1 1/2 Storey Terraced
LORONG PINGGIRAN ALMA 4
RM 330,000
PSF: RM 210.00
Area: 1,572 sqft
Date: Apr 2022