Area Intelligence

TMN INDUSTRI CHERUK TOK KUN

6 properties
2022
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Median Price
RM 312,000
PSF: RM 285

Residential Market

Median Price

RM 312,000

IQR: RM 63
MAD: RM 37
RM 285 PSF 6.1%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 1,575,000

IQR: RM 13
MAD: RM 1
RM 397 PSF

PSF Trends (2021-2025)

TMN INDUSTRI CHERUK TOK KUN in Seberang Perai Tengah, Penang recorded 6 subsale transactions in 2022, with a median price of RM 312K and a median price per square foot (PSF) of RM 285.

This area contains both residential and commercial properties. View 11 residential properties or 3 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 312K, with most transactions falling within a stable range of RM 268K to RM 356K, and a typical market range of RM 257K to RM 367K.

Most transactions involved low-cost house, though some variety exists in the market.

The median PSF stands at RM 285, with core pricing between RM 233 and RM 336. Market pricing typically extends from RM 237.50 to RM 331.50, reflecting moderate variation in unit pricing. The spread of RM 94.00 (IQR) and deviation of RM 52 (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. 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 INDUSTRI CHERUK TOK KUN, Seberang Perai Tengah, Penang

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Transactions

6 properties found

Low-Cost House LORONG SEJAHTERA 22
RM 325,000
1,001 sqft Dec 2022
RM 325.00 PSF
Low-Cost House LRG SEJAHTERA 28
RM 350,000
1,001 sqft Oct 2022
RM 350.00 PSF
Low-Cost House LORONG SEJAHTERA 29
RM 370,000
1,916 sqft Jun 2022
RM 193.00 PSF
Low-Cost House JALAN SEJAHTERA 1
RM 299,000
1,001 sqft Apr 2022
RM 299.00 PSF
Low-Cost House LORONG SEJAHTERA 26
RM 270,000
1,001 sqft Apr 2022
RM 270.00 PSF
Low-Cost House LRG SEJAHTERA 28
RM 245,000
1,001 sqft Feb 2022
RM 245.00 PSF