Area Intelligence

TMN NIRWANA

6 properties
2022
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Median Price
RM 327,500
PSF: RM 287

Residential Market

Median Price

RM 327,500

IQR: RM 97
MAD: RM 50
RM 287 PSF 7.9%

PSF Trends (2021-2025)

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.

Area Location

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TMN NIRWANA, Seberang Perai Tengah, Penang

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Transactions

6 properties grouped by size

1,100 sqft
5 units
RM 445,000
Double Storey Terraced LRG NIRWANA 6
1,098 sqft · RM 405.00 PSF
Dec 2022
RM 310,000
Single Storey Terraced LRG NIRWANA 4
1,098 sqft · RM 282.00 PSF
Oct 2022
RM 335,000
Single Storey Terraced LORONG NIRWANA 13
1,100 sqft · RM 305.00 PSF
Apr 2022
RM 300,000
Single Storey Terraced LRG NIRWANA 4
1,098 sqft · RM 273.00 PSF
Apr 2022
RM 320,000
Single Storey Terraced LORONG NIRWANA 1
1,098 sqft · RM 291.00 PSF
Mar 2022
1,900 sqft
1 units Single Storey Terraced
RM 500,000
LRG NIRWANA 12
1,905 sqft · RM 262.00 PSF
Sep 2022