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 grouped by size

600 sqft
1 units Low-Cost Flat
RM 88,000
624 sqft · RM 141.00 PSF
Aug 2022
1,300 sqft
2 units Double Storey Terraced
RM 495,000
LORONG BUDIMAN 10
1,302 sqft · RM 380.00 PSF
Sep 2022
RM 550,000
LRG BUDIMAN 10
1,302 sqft · RM 422.00 PSF
May 2022
1,350 sqft
1 units Single Storey Terraced
RM 370,000
JALAN ALMA JAYA 1
1,345 sqft · RM 275.00 PSF
Nov 2022
2,050 sqft
1 units Double Storey Terraced
RM 450,000
LORONG BUDIMAN 9
2,056 sqft · RM 219.00 PSF
Feb 2022
2,400 sqft
2 units Double Storey Semi-D
RM 590,000
LORONG BUDIMAN 5
2,390 sqft · RM 247.00 PSF
Apr 2022
RM 600,000
LORONG BUDIMAN 5
2,390 sqft · RM 251.00 PSF
Apr 2022
2,450 sqft
1 units Double Storey Semi-D
RM 685,000
JLN BUDIMAN 2
2,465 sqft · RM 278.00 PSF
Sep 2022
4,900 sqft
1 units Detached
RM 750,000
LORONG BUDIMAN 8
4,908 sqft · RM 153.00 PSF
Sep 2022