Area Intelligence

TMN BUDIMAN

9 properties
2022
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Median Price
RM 550,000
PSF: RM 251

Residential Market

Median Price

RM 550,000

IQR: RM 106
MAD: RM 63
RM 251 PSF 12.2%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 680,000

IQR: RM 119
MAD: RM 61
RM 345 PSF

PSF Trends (2021-2025)

TMN BUDIMAN in Seberang Perai Tengah, Penang recorded 9 subsale transactions in 2022, with a median price of RM 550K and a median price per square foot (PSF) of RM 251.

This area contains both residential and commercial properties. View 22 residential properties or 5 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 550K, with most transactions falling within a stable range of RM 366K to RM 734K, and a typical market range of RM 360K to RM 740K.

Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.

Price per square foot shows a median of RM 251, though individual units vary from RM 164 to RM 338 in the core range. The broader market spans RM 189.75 to RM 312.25, indicating diverse property characteristics. A wider spread (IQR: RM 122.50) and deviation (MAD: RM 87) 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TMN BUDIMAN, Seberang Perai Tengah, Penang

OSM

Transactions

9 properties found

Single Storey Terraced JALAN ALMA JAYA 1
RM 370,000
1,345 sqft Nov 2022
RM 275.00 PSF
Double Storey Semi-D JLN BUDIMAN 2
RM 685,000
2,465 sqft Sep 2022
RM 278.00 PSF
Double Storey Terraced LORONG BUDIMAN 10
RM 495,000
1,302 sqft Sep 2022
RM 380.00 PSF
Detached LORONG BUDIMAN 8
RM 750,000
4,908 sqft Sep 2022
RM 153.00 PSF
Low-Cost Flat
RM 88,000
624 sqft Aug 2022
RM 141.00 PSF
Double Storey Terraced LRG BUDIMAN 10
RM 550,000
1,302 sqft May 2022
RM 422.00 PSF
Double Storey Semi-D LORONG BUDIMAN 5
RM 590,000
2,390 sqft Apr 2022
RM 247.00 PSF
Double Storey Semi-D LORONG BUDIMAN 5
RM 600,000
2,390 sqft Apr 2022
RM 251.00 PSF
Double Storey Terraced LORONG BUDIMAN 9
RM 450,000
2,056 sqft Feb 2022
RM 219.00 PSF