Area Intelligence

TMN NIRWANA

4 properties
2021
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Median Price
RM 419,000
PSF: RM 250

Residential Market

Median Price

RM 419,000

IQR: RM 97
MAD: RM 50
RM 250 PSF 7.9%

PSF Trends (2021-2025)

TMN NIRWANA in Seberang Perai Tengah, Penang recorded 4 subsale transactions in 2021, with a median price of RM 419K and a median price per square foot (PSF) of RM 250.

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 419K, with most transactions falling within a stable range of RM 372K to RM 450K, and a typical market range of RM 354K to RM 450K.

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

Price per square foot shows a median of RM 250, though individual units vary from RM 161 to RM 339 in the core range. The broader market spans RM 201.75 to RM 298.25, indicating diverse property characteristics. A wider spread (IQR: RM 96.50) and deviation (MAD: RM 89) 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.

Area Location

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TMN NIRWANA, Seberang Perai Tengah, Penang

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Transactions

4 properties found

Single Storey Terraced LORONG NIRWANA 1
RM 400,000
2,088 sqft Dec 2021
RM 192.00 PSF
Single Storey Terraced LORONG NIRWANA 8
RM 438,000
2,196 sqft Dec 2021
RM 199.00 PSF
Double Storey Terraced LRG NIRWANA 6
RM 330,000
1,098 sqft Dec 2021
RM 301.00 PSF
Double Storey Terraced LRG NIRWANA 11
RM 450,000
1,098 sqft Dec 2021
RM 410.00 PSF