TMN REMIA

TMN REMIA in Seberang Perai Tengah, Penang recorded 11 subsale transactions in 2022, with a median price of RM 300K and a median price per square foot (PSF) of RM 139.

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 300K, with most transactions falling within a stable range of RM 131K to RM 469K, and a typical market range of RM 172K to RM 428K.

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

Price per square foot shows a median of RM 139, though individual units vary from RM 79 to RM 199 in the core range. The broader market spans RM 96.13 to RM 181.88, indicating diverse property characteristics. A wider spread (IQR: RM 85.75) and deviation (MAD: RM 60) 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.