TMN CEROK TO' KUN JAYA

TMN CEROK TO' KUN JAYA in Seberang Perai Tengah, Penang recorded 2 subsale transactions in 2023, with a median price of RM 458K and a median price per square foot (PSF) of RM 368.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 458K, with most transactions falling within a stable range of RM 316K to RM 600K, and a typical market range of RM 387K to RM 529K.

Most transactions involved 2 - 2 1/2 storey terraced, with minimal variety in property types.

For price per square foot, the median is RM 368, with most transactions between RM 364 and RM 372. The usual range is RM 350.25 to RM 385.75, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 35.50 and an average deviation (MAD) of RM 4 indicate a highly stable PSF trend across properties.

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.