Area Intelligence

TMN ALMA RIA

3 properties
2021
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Median Price
RM 480,000
PSF: RM 265

Residential Market

Median Price

RM 480,000

IQR: RM 116
MAD: RM 61
RM 265 PSF 4.6%

PSF Trends (2021-2025)

TMN ALMA RIA in Seberang Perai Tengah, Penang recorded 3 subsale transactions in 2021, with a median price of RM 480K and a median price per square foot (PSF) of RM 265.

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 480K, with most transactions falling within a stable range of RM 256K to RM 645K, and a typical market range of RM 301K to RM 645K.

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

Price per square foot shows a median of RM 265, though individual units vary from RM 184 to RM 346 in the core range. The broader market spans RM 206.88 to RM 323.13, indicating diverse property characteristics. A wider spread (IQR: RM 116.25) and deviation (MAD: RM 81) indicate significant PSF variations, likely due to diverse property types or conditions.

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.

Area Location

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TMN ALMA RIA, Seberang Perai Tengah, Penang

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Transactions

3 properties grouped by size

650 sqft
1 units Low-Cost Flat
RM 110,000
646 sqft · RM 170.00 PSF
Dec 2021
1,300 sqft
1 units Double Storey Terraced
RM 480,000
LORONG ALMA RIA 2
1,302 sqft · RM 369.00 PSF
Dec 2021
2,450 sqft
1 units Double Storey Terraced
RM 645,000
LORONG ALMA RIA 8
2,433 sqft · RM 265.00 PSF
Nov 2021