Area Intelligence

TMN NIRWANA

7 properties
Double Storey Terraced
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Median Price
RM 450,000
PSF: RM 410

Residential Market

Median Price

RM 450,000

IQR: RM 97
MAD: RM 50
RM 410 PSF 7.9%

PSF Trends (2021-2025)

TMN NIRWANA in Seberang Perai Tengah, Penang recorded 7 Double Storey Terraced properties subsale transactions between 2021 and 2025 for double storey terraced properties, with a median price of RM 450K and a median price per square foot (PSF) of RM 410.

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 450K, with most transactions falling within a stable range of RM 392K to RM 508K, and a typical market range of RM 385K to RM 515K.

Within the Double Storey Terraced category, 1 - 1 1/2 storey terraced dominated the market, though some variety exists in the market.

The median PSF stands at RM 410, with core pricing between RM 354 and RM 466. Market pricing typically extends from RM 361.75 to RM 458.25, reflecting moderate variation in unit pricing. With an IQR of RM 96.50 and MAD of RM 56, the PSF demonstrates reasonable consistency across the market.

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

7 properties grouped by size

1,100 sqft
6 units Double Storey Terraced
RM 450,000
LRG NIRWANA 8
1,098 sqft · RM 410.00 PSF
Feb 2024
RM 490,000
LORONG NIRWANA 8
1,098 sqft · RM 446.00 PSF
Oct 2023
RM 535,000
LRG NIRWANA 8
1,098 sqft · RM 487.00 PSF
Apr 2023
RM 445,000
LRG NIRWANA 6
1,098 sqft · RM 405.00 PSF
Dec 2022
RM 330,000
LRG NIRWANA 6
1,098 sqft · RM 301.00 PSF
Dec 2021
RM 450,000
LRG NIRWANA 11
1,098 sqft · RM 410.00 PSF
Dec 2021
1,350 sqft
1 units Double Storey Terraced
RM 473,000
LRG NIRWANAN 14
1,335 sqft · RM 354.00 PSF
Oct 2023