Area Intelligence

TMN B

6 properties
2024
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Median Price
RM 355,000
PSF: RM 261

Residential Market

Median Price

RM 355,000

IQR: RM 41
MAD: RM 27
RM 261 PSF 0.7%

PSF Trends (2021-2025)

TMN B in Seberang Perai Tengah, Penang recorded 6 subsale transactions in 2024, with a median price of RM 355K and a median price per square foot (PSF) of RM 261.

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 355K, with most transactions falling within a stable range of RM 320K to RM 495K, and a typical market range of RM 338K to RM 373K.

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

Price per square foot shows a median of RM 261, though individual units vary from RM 202 to RM 319 in the core range. The broader market spans RM 240.00 to RM 281.00, indicating diverse property characteristics. The spread of RM 41.00 (IQR) and deviation of RM 59 (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. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TMN B, Seberang Perai Tengah, Penang

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Transactions

6 properties grouped by size

1,200 sqft
3 units Single Storey Terraced
RM 350,000
TINGKAT MUHIBBAH 4
1,195 sqft · RM 293.00 PSF
Sep 2024
RM 360,000
TINGKAT MUHIBBAH 1
1,206 sqft · RM 299.00 PSF
Aug 2024
RM 320,000
TINGKAT MUHIBBAH 5
1,216 sqft · RM 263.00 PSF
Jan 2024
1,550 sqft
1 units Single Storey Terraced
RM 400,000
TINGKAT MUHIBBAH 4
1,550 sqft · RM 258.00 PSF
May 2024
2,150 sqft
1 units Low-Cost House
RM 320,000
LORONG MUHIBBAH
2,174 sqft · RM 147.00 PSF
Mar 2024
4,200 sqft
1 units Double Storey Semi-D
RM 718,000
PERSIARAN MUHIBBAH
4,219 sqft · RM 170.00 PSF
Jun 2024