Area Intelligence

TMN BUDIMAN

3 properties
Single Storey Shop
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Median Price
RM 700,000
PSF: RM 389

Residential Market

Median Price

RM 472,500

IQR: RM 106
MAD: RM 63
RM 263 PSF 12.2%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 700,000

IQR: RM 119
MAD: RM 61
RM 389 PSF

PSF Trends (2021-2025)

TMN BUDIMAN in Seberang Perai Tengah, Penang recorded 3 Single Storey Shop properties subsale transactions between 2021 and 2025 for single storey shop properties, with a median price of RM 700K and a median price per square foot (PSF) of RM 389.

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 700K, with most transactions falling within a stable range of RM 589K to RM 730K, and a typical market range of RM 510K to RM 730K.

Within the Single Storey Shop category, 2 - 2 1/2 storey terraced dominated the market, with high diversity across multiple property types.

The median PSF stands at RM 389, with core pricing between RM 329 and RM 450. Market pricing typically extends from RM 327.75 to RM 450.25, reflecting moderate variation in unit pricing. The spread of RM 122.50 (IQR) and deviation of RM 61 (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. 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

3 properties grouped by size

1,800 sqft
3 units Single Storey Shop
RM 730,000
JALAN KHIDMAT
1,798 sqft · RM 406.00 PSF
Jan 2025
RM 700,000
JALAN KHIDMAT
1,798 sqft · RM 389.00 PSF
Oct 2023
RM 480,000
JALAN KHIDMAT
1,776 sqft · RM 270.00 PSF
Sep 2023