Area Intelligence

TMN BUDIMAN

4 properties
2024
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Median Price
RM 327,500
PSF: RM 316

Residential Market

Median Price

RM 327,500

IQR: RM 106
MAD: RM 63
RM 316 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 4 subsale transactions in 2024, with a median price of RM 328K and a median price per square foot (PSF) of RM 316.

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 328K, with most transactions falling within a stable range of RM 128K to RM 527K, and a typical market range of RM 138K to RM 518K.

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 316, though individual units vary from RM 221 to RM 411 in the core range. The broader market spans RM 254.75 to RM 377.25, indicating diverse property characteristics. A wider spread (IQR: RM 122.50) and deviation (MAD: RM 95) 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TMN BUDIMAN, Seberang Perai Tengah, Penang

OSM

Transactions

4 properties grouped by size

600 sqft
2 units Low-Cost Flat
RM 125,000
624 sqft · RM 200.00 PSF
Aug 2024
RM 155,000
624 sqft · RM 248.00 PSF
May 2024
1,300 sqft
2 units Double Storey Terraced
RM 570,000
LORONG BUDIMAN 1
1,324 sqft · RM 431.00 PSF
Aug 2024
RM 500,000
LRG BUDIMAN 10
1,302 sqft · RM 384.00 PSF
Apr 2024