Area Intelligence

TMN SELAMAT

6 properties
2023
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Median Price
RM 480,000
PSF: RM 305

Residential Market

Median Price

RM 480,000

IQR: RM 92
MAD: RM 49
RM 305 PSF 2.8%

PSF Trends (2021-2025)

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.

Area Location

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TMN SELAMAT, Seberang Perai Tengah, Penang

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Transactions

6 properties grouped by size

1,100 sqft
1 units Double Storey Terraced
RM 460,000
LRG RUSA 7
1,101 sqft · RM 418.00 PSF
Oct 2023
1,300 sqft
1 units Double Storey Terraced
RM 385,000
LRG RUSA 3
1,302 sqft · RM 296.00 PSF
Jan 2023
1,600 sqft
2 units Double Storey Terraced
RM 595,000
LORONG RUSA 6
1,593 sqft · RM 373.00 PSF
Oct 2023
RM 500,000
LORONG RUSA 6
1,593 sqft · RM 314.00 PSF
Feb 2023
1,950 sqft
1 units Single Storey Terraced
RM 370,000
JALAN SELADANG
1,959 sqft · RM 189.00 PSF
Jul 2023
2,400 sqft
1 units Double Storey Semi-D
RM 600,000
JALAN RUSA
2,390 sqft · RM 251.00 PSF
Sep 2023