TMN NIRWANA
Residential Market
Median Price
RM 327,500
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 6 subsale transactions in 2022, with a median price of RM 328K and a median price per square foot (PSF) of RM 287.
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 328K, with most transactions falling within a stable range of RM 300K to RM 404K, and a typical market range of RM 300K to RM 392K.
Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.
The median PSF stands at RM 287, with core pricing between RM 239 and RM 334. Market pricing typically extends from RM 238.25 to RM 334.75, reflecting moderate variation in unit pricing. The spread of RM 96.50 (IQR) and deviation of RM 48 (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. Limited transaction history suggests carefully evaluating comparable sales data.
Filter by type, year, price, and size
Transactions
6 properties grouped by size
Road | Price | PSF | Size | Date | Type |
---|
LRG NIRWANA 6
|
RM 445,000
|
RM 405.00
|
1,098 sqft
|
Dec 2022
|
Double Storey Terraced |
LRG NIRWANA 4
|
RM 310,000
|
RM 282.00
|
1,098 sqft
|
Oct 2022
|
Single Storey Terraced |
LORONG NIRWANA 13
|
RM 335,000
|
RM 305.00
|
1,100 sqft
|
Apr 2022
|
Single Storey Terraced |
LRG NIRWANA 4
|
RM 300,000
|
RM 273.00
|
1,098 sqft
|
Apr 2022
|
Single Storey Terraced |
LORONG NIRWANA 1
|
RM 320,000
|
RM 291.00
|
1,098 sqft
|
Mar 2022
|
Single Storey Terraced |
LRG NIRWANA 12
|
RM 500,000
|
RM 262.00
|
1,905 sqft
|
Sep 2022
|