Area Intelligence

TMN SEJAHTERA VILLA (PALMA MERA PLACE)

2 properties
2025
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Median Price
RM 1,100,000
PSF: RM 245

Residential Market

Median Price

RM 1,100,000

IQR: RM 13
MAD: RM 5
RM 245 PSF 1.2%

PSF Trends (2021-2025)

TMN SEJAHTERA VILLA (PALMA MERA PLACE) in Seberang Perai Tengah, Penang recorded 2 subsale transactions in 2025, with a median price of RM 1.10 million and a median price per square foot (PSF) of RM 245.

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 1.10 million, with most transactions falling within a stable range of RM 800K to RM 1.40 million, and a typical market range of RM 871K to RM 1.33 million.

Most transactions involved detached, with moderate diversity in property types available.

For price per square foot, the median is RM 245, with most transactions between RM 239 and RM 251. The usual range is RM 238.50 to RM 251.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 13.00 and an average deviation (MAD) of RM 6 indicate a highly stable PSF trend across properties.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TMN SEJAHTERA VILLA (PALMA MERA PLACE), Seberang Perai Tengah, Penang

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Transactions

2 properties grouped by size

3,350 sqft
1 units Double Storey Semi-D
RM 800,000
JLN VILLA SEJAHTERA
3,348 sqft · RM 239.00 PSF
Mar 2025
5,600 sqft
1 units Detached
RM 1,400,000
JALAN VILA SEJAHTERA
5,586 sqft · RM 251.00 PSF
Jan 2025