Area Intelligence

TMN INDUSTRI CHERUK TOK KUN

3 properties
2024
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Median Price
RM 320,000
PSF: RM 320

Residential Market

Median Price

RM 320,000

IQR: RM 63
MAD: RM 37
RM 320 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 3 subsale transactions in 2024, with a median price of RM 320K and a median price per square foot (PSF) of RM 320.

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 320K, with most transactions falling within a stable range of RM 280K to RM 370K, and a typical market range of RM 280K to RM 375K.

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

The median PSF stands at RM 320, with core pricing between RM 270 and RM 370. Market pricing typically extends from RM 273.00 to RM 367.00, reflecting moderate variation in unit pricing. The spread of RM 94.00 (IQR) and deviation of RM 50 (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

3 properties grouped by size

1,000 sqft
3 units Low-Cost House
RM 400,000
LRG SEJAHTERA 25
1,001 sqft · RM 400.00 PSF
Nov 2024
RM 280,000
JALAN SEJAHTERA 4
1,001 sqft · RM 280.00 PSF
Apr 2024
RM 320,000
LORONG SEJAHTERA 25
1,001 sqft · RM 320.00 PSF
Apr 2024