Area Intelligence

TMN SELESA (SPT)

3 properties
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Median Price
RM 450,000
PSF: RM 326

Residential Market

Median Price

RM 450,000

IQR: RM 56
MAD: RM 51
RM 326 PSF 16.0%

PSF Trends (2021-2025)

TMN SELESA (SPT) in Seberang Perai Tengah, Penang recorded 3 subsale transactions between 2021 and 2025, with a median price of RM 450K and a median price per square foot (PSF) of RM 326.

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 450K, with most transactions falling within a stable range of RM 390K to RM 510K, and a typical market range of RM 399K to RM 501K.

Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.

The median PSF stands at RM 326, with core pricing between RM 275 and RM 377. Market pricing typically extends from RM 298.25 to RM 353.75, reflecting moderate variation in unit pricing. The spread of RM 55.50 (IQR) and deviation of RM 51 (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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TMN SELESA (SPT), Seberang Perai Tengah, Penang

OSM

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Transactions

3 properties grouped by size

1,200 sqft
2 units Double Storey Terraced
RM 390,000
LORONG SELESA 4
1,195 sqft · RM 326.00 PSF
May 2023
RM 450,000
LORONG SELESA 1
1,195 sqft · RM 377.00 PSF
Nov 2022
2,250 sqft
1 units Double Storey Semi-D
RM 595,000
LORONG SELESA 2
2,239 sqft · RM 266.00 PSF
Jun 2024