TMN KEENWAYS
Residential Market
Median Price
RM 322,500
PSF Trends (2021-2025)
TMN KEENWAYS in Seberang Perai Tengah, Penang recorded 2 subsale transactions in 2023, with a median price of RM 323K and a median price per square foot (PSF) of RM 500.
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 323K, with most transactions falling within a stable range of RM 300K to RM 345K, and a typical market range of RM 300K to RM 345K.
Most transactions involved 1 - 1 1/2 storey terraced, with minimal variety in property types.
Price per square foot shows a median of RM 500, though individual units vary from RM 247 to RM 753 in the core range. The broader market spans RM 467.25 to RM 532.75, indicating diverse property characteristics. A wider spread (IQR: RM 65.50) and deviation (MAD: RM 253) indicate significant PSF variations, likely due to diverse property types or conditions.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.
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Transactions
2 properties found
Type
|
Road
|
Price
|
PSF
|
Area
|
Date
|
---|---|---|---|---|---|
Single Storey Terraced |
LORONG MESRA
|
RM 300,000
|
RM 753.00
|
398 sqft
|
Sep 2023
|
Single Storey Terraced |
LORONG MESRA
|
RM 345,000
|
RM 247.00
|
1,399 sqft
|
Jan 2023
|