Area Intelligence

TMN NIRWANA

24 properties
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Median Price
RM 400,000
PSF: RM 303

Residential Market

Median Price

RM 400,000

IQR: RM 97
MAD: RM 50
RM 303 PSF 7.9%

PSF Trends (2021-2025)

TMN NIRWANA in Seberang Perai Tengah, Penang recorded 24 subsale transactions between 2021 and 2025, with a median price of RM 400K and a median price per square foot (PSF) of RM 303.

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 400K, with most transactions falling within a stable range of RM 333K to RM 468K, and a typical market range of RM 335K to RM 465K.

Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.

The median PSF stands at RM 303, with core pricing between RM 254 and RM 353. Market pricing typically extends from RM 254.75 to RM 351.25, reflecting moderate variation in unit pricing. The spread of RM 96.50 (IQR) and deviation of RM 50 (MAD) suggest moderate price variations reflecting different property features.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Moderate transaction volume may require patience when buying or selling.

Area Location

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TMN NIRWANA, Seberang Perai Tengah, Penang

OSM

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Transactions

24 properties grouped by size

1,100 sqft
16 units (showing 6)
RM 325,000
Single Storey Terraced LRG NIRWANA 7
1,098 sqft · RM 296.00 PSF
Aug 2024
RM 350,000
Single Storey Terraced LRG NIRWANA 10
1,098 sqft · RM 319.00 PSF
May 2024
RM 385,000
Single Storey Terraced LORONG NIRWANA 1
1,098 sqft · RM 351.00 PSF
Mar 2024
RM 345,000
Single Storey Terraced LRG NIRWANA
1,098 sqft · RM 314.00 PSF
Mar 2024
RM 300,000
Single Storey Terraced LORONG NIRWANA 1
1,076 sqft · RM 279.00 PSF
Feb 2024
RM 450,000
Double Storey Terraced LRG NIRWANA 8
1,098 sqft · RM 410.00 PSF
Feb 2024
1,200 sqft
1 units Single Storey Terraced
RM 500,000
LRG NIRWANA 14
1,216 sqft · RM 411.00 PSF
Apr 2024
1,350 sqft
1 units Double Storey Terraced
RM 473,000
LRG NIRWANAN 14
1,335 sqft · RM 354.00 PSF
Oct 2023
1,900 sqft
1 units Single Storey Terraced
RM 500,000
LRG NIRWANA 12
1,905 sqft · RM 262.00 PSF
Sep 2022
2,100 sqft
2 units Single Storey Terraced
RM 480,000
LORONG NIRWANA 1
2,088 sqft · RM 230.00 PSF
Feb 2024
RM 400,000
LORONG NIRWANA 1
2,088 sqft · RM 192.00 PSF
Dec 2021
2,200 sqft
1 units Single Storey Terraced
RM 438,000
LORONG NIRWANA 8
2,196 sqft · RM 199.00 PSF
Dec 2021
2,250 sqft
2 units Single Storey Terraced
RM 400,000
LORONG NIRWANA 13
2,250 sqft · RM 178.00 PSF
Mar 2024
RM 460,000
LRG NIRWANA 7
2,262 sqft · RM 203.00 PSF
Feb 2023