Area Intelligence

TMN PINGGIRAN ALMA

4 properties
2022
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Median Price
RM 335,000
PSF: RM 236

Residential Market

Median Price

RM 335,000

IQR: RM 92
MAD: RM 50
RM 236 PSF 4.0%

PSF Trends (2021-2025)

TMN PINGGIRAN ALMA in Seberang Perai Tengah, Penang recorded 4 subsale transactions in 2022, with a median price of RM 335K and a median price per square foot (PSF) of RM 236.

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 335K, with most transactions falling within a stable range of RM 210K to RM 420K, and a typical market range of RM 192K to RM 420K.

Most transactions involved low-cost flat, with moderate diversity in property types available.

Price per square foot shows a median of RM 236, though individual units vary from RM 157 to RM 314 in the core range. The broader market spans RM 189.50 to RM 281.50, indicating diverse property characteristics. A wider spread (IQR: RM 92.00) and deviation (MAD: RM 79) indicate significant PSF variations, likely due to diverse property types or conditions.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TMN PINGGIRAN ALMA, Seberang Perai Tengah, Penang

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Transactions

4 properties grouped by size

650 sqft
1 units Low-Cost Flat
RM 85,000
646 sqft · RM 132.00 PSF
Oct 2022
1,200 sqft
1 units Double Storey Terraced
RM 420,000
LORONG PINGGIRAN ALMA 7
1,206 sqft · RM 348.00 PSF
Aug 2022
1,300 sqft
1 units Single Storey Terraced
RM 340,000
JALAN PINGGIRAN ALMA
1,302 sqft · RM 261.00 PSF
Nov 2022
1,550 sqft
1 units Single Storey Terraced
RM 330,000
LORONG PINGGIRAN ALMA 4
1,572 sqft · RM 210.00 PSF
Apr 2022