TMN NIRWANA
Residential Market
Median Price
RM 419,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Low-Cost House
17 properties
Median Price
RM 191,250
+4.0% CAGR
Median PSF
RM 144.50
-0.7% CAGR
Double Storey Terraced
6 properties
Median Price
RM 289,000
-7.3% CAGR
Median PSF
RM 200.50
-9.0% CAGR
Low-Cost Flat
6 properties
Median Price
RM 190,000
+11.1% CAGR
Median PSF
RM 261.00
Detached
3 properties
Median Price
RM 418,750
+16.1% CAGR
Median PSF
RM 54.50
+9.6% CAGR
Single Storey Terraced
2 properties
Median Price
RM 235,000
-37.9% CAGR
Median PSF
RM 158.00
-8.5% CAGR
Single Storey Semi-D
1 properties
Median Price
RM 220,000
Median PSF
RM 104.00
3-Storey Storey Shop
1 properties
Median Price
RM 1,050,000
Median PSF
RM 374.00
Condo/Apartment
1 properties
Median Price
RM 200,000
Median PSF
RM 227.00
Flat
1 properties
Median Price
RM 180,000
Median PSF
RM 204.00
| Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
|---|---|---|---|---|---|---|
| Low-Cost House | 17 |
RM 191,250
±19K MAD
|
+4.00% |
RM 144.50
±4 MAD
|
-0.69% | |
| Double Storey Terraced | 6 |
RM 289,000
±11K MAD
|
-7.33% |
RM 200.50
±10 MAD
|
-9.05% | |
| Low-Cost Flat | 6 |
RM 190,000
±10K MAD
|
+11.11% |
RM 261.00
|
- | |
| Detached | 3 |
RM 418,750
±31K MAD
|
+16.13% |
RM 54.50
±3 MAD
|
+9.62% | |
| Single Storey Terraced | 2 |
RM 235,000
±55K MAD
|
-37.93% |
RM 158.00
±7 MAD
|
-8.48% | |
| Single Storey Semi-D | 1 |
RM 220,000
|
- |
RM 104.00
|
- | |
| 3-Storey Storey Shop | 1 |
RM 1,050,000
|
- |
RM 374.00
|
- | |
| Condo/Apartment | 1 |
RM 200,000
|
- |
RM 227.00
|
- | |
| Flat | 1 |
RM 180,000
|
- |
RM 204.00
|
- |
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.
Filter by type, year, price, and size
Transactions
4 properties grouped by size
| Road | Price | PSF | Size | Date | Type |
|---|
|
LRG NIRWANA 6
|
RM 330,000
|
RM 301.00
|
1,098 sqft
|
Dec 2021
|
|
|
LRG NIRWANA 11
|
RM 450,000
|
RM 410.00
|
1,098 sqft
|
Dec 2021
|
|
LORONG NIRWANA 1
|
RM 400,000
|
RM 192.00
|
2,088 sqft
|
Dec 2021
|
|
LORONG NIRWANA 8
|
RM 438,000
|
RM 199.00
|
2,196 sqft
|
Dec 2021
|