Area Intelligence

TMN BUDIMAN

2 properties
Double Storey Shop
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Median Price
RM 589,000
PSF: RM 301

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 589,000

IQR: RM 119
MAD: RM 61
RM 301 PSF

PSF Trends (2021-2025)

TMN BUDIMAN in Seberang Perai Tengah, Penang recorded 2 Double Storey Shop properties subsale transactions between 2021 and 2025 for double storey shop properties, with a median price of RM 589K and a median price per square foot (PSF) of RM 301.

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 589K, with most transactions falling within a stable range of RM 498K to RM 680K, and a typical market range of RM 498K to RM 680K.

Within the Double 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 301, with core pricing between RM 256 and RM 345. Market pricing typically extends from RM 239.25 to RM 361.75, reflecting moderate variation in unit pricing. With an IQR of RM 122.50 and MAD of RM 45, the PSF demonstrates reasonable consistency across the market.

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

2 properties grouped by size

1,450 sqft
1 units Double Storey Shop
RM 498,000
JALAN SELADANG 1
1,442 sqft · RM 345.00 PSF
Feb 2023
2,650 sqft
1 units Double Storey Shop
RM 680,000
JLN SELADANG 1
2,659 sqft · RM 256.00 PSF
Sep 2023