TMN SELAMAT

TMN SELAMAT in Seberang Perai Tengah, Penang recorded 6 subsale transactions in 2023, with a median price of RM 480K and a median price per square foot (PSF) of RM 305.

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 480K, with most transactions falling within a stable range of RM 389K to RM 571K, and a typical market range of RM 425K to RM 535K.

Most transactions involved 2 - 2 1/2 storey terraced, with moderate diversity in property types available.

Price per square foot shows a median of RM 305, though individual units vary from RM 230 to RM 380 in the core range. The broader market spans RM 259.13 to RM 350.88, indicating diverse property characteristics. The spread of RM 91.75 (IQR) and deviation of RM 75 (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.