Area Intelligence

TMN SELAMAT

4 properties
2021
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Median Price
RM 440,000
PSF: RM 341

Residential Market

Median Price

RM 440,000

IQR: RM 92
MAD: RM 49
RM 341 PSF 2.8%

PSF Trends (2021-2025)

TMN SELAMAT in Seberang Perai Tengah, Penang recorded 4 subsale transactions in 2021, with a median price of RM 440K and a median price per square foot (PSF) of RM 341.

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 440K, with most transactions falling within a stable range of RM 372K to RM 487K, and a typical market range of RM 385K to RM 487K.

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 341, though individual units vary from RM 241 to RM 441 in the core range. The broader market spans RM 295.13 to RM 386.88, indicating diverse property characteristics. A wider spread (IQR: RM 91.75) and deviation (MAD: RM 100) indicate significant PSF variations, likely due to diverse property types or conditions.

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

4 properties grouped by size

1,050 sqft
3 units Double Storey Terraced
RM 400,000
LRG RUSA 6
1,055 sqft · RM 379.00 PSF
Dec 2021
RM 487,000
LORONG RUSA 6
1,055 sqft · RM 462.00 PSF
Nov 2021
RM 320,000
TKT RUSA 5
1,055 sqft · RM 303.00 PSF
Nov 2021
2,500 sqft
1 units Double Storey Semi-D
RM 480,000
JLN RUSA
2,508 sqft · RM 191.00 PSF
Dec 2021