Area Intelligence

TMN NIRWANA

9 properties
2024
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Median Price
RM 385,000
PSF: RM 314

Residential Market

Median Price

RM 385,000

IQR: RM 97
MAD: RM 50
RM 314 PSF 7.9%

PSF Trends (2021-2025)

TMN NIRWANA in Seberang Perai Tengah, Penang recorded 9 subsale transactions in 2024, with a median price of RM 385K and a median price per square foot (PSF) of RM 314.

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 385K, with most transactions falling within a stable range of RM 318K to RM 452K, and a typical market range of RM 320K 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 314, though individual units vary from RM 242 to RM 386 in the core range. The broader market spans RM 265.75 to RM 362.25, indicating diverse property characteristics. The spread of RM 96.50 (IQR) and deviation of RM 72 (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

9 properties grouped by size

1,100 sqft
6 units
RM 325,000
Single Storey Terraced LRG NIRWANA 7
1,098 sqft · RM 296.00 PSF
Aug 2024
RM 350,000
Single Storey Terraced LRG NIRWANA 10
1,098 sqft · RM 319.00 PSF
May 2024
RM 385,000
Single Storey Terraced LORONG NIRWANA 1
1,098 sqft · RM 351.00 PSF
Mar 2024
RM 345,000
Single Storey Terraced LRG NIRWANA
1,098 sqft · RM 314.00 PSF
Mar 2024
RM 300,000
Single Storey Terraced LORONG NIRWANA 1
1,076 sqft · RM 279.00 PSF
Feb 2024
RM 450,000
Double Storey Terraced LRG NIRWANA 8
1,098 sqft · RM 410.00 PSF
Feb 2024
1,200 sqft
1 units Single Storey Terraced
RM 500,000
LRG NIRWANA 14
1,216 sqft · RM 411.00 PSF
Apr 2024
2,100 sqft
1 units Single Storey Terraced
RM 480,000
LORONG NIRWANA 1
2,088 sqft · RM 230.00 PSF
Feb 2024
2,250 sqft
1 units Single Storey Terraced
RM 400,000
LORONG NIRWANA 13
2,250 sqft · RM 178.00 PSF
Mar 2024