Area Intelligence

TMN MACANG MANIS

4 properties
2024
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Median Price
RM 370,000
PSF: RM 140

Residential Market

Median Price

RM 370,000

RM 140 PSF

PSF Trends (2021-2025)

TMN MACANG MANIS in Seberang Perai Tengah, Penang recorded 4 subsale transactions in 2024, with a median price of RM 370K and a median price per square foot (PSF) of RM 140.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 370K, with most transactions falling within a stable range of RM 335K to RM 426K, and a typical market range of RM 335K to RM 408K.

Most transactions involved 1 - 1 1/2 storey semi-detached, with minimal variety in property types.

The median PSF stands at RM 140, with core pricing between RM 118 and RM 162. Market pricing typically extends from RM 127.00 to RM 153.00, reflecting moderate variation in unit pricing. The spread of RM 26.00 (IQR) and deviation of RM 22 (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 MACANG MANIS, Seberang Perai Tengah, Penang

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Transactions

4 properties grouped by size

2,450 sqft
3 units Single Storey Semi-D
RM 335,000
LORONG MACANG 3
2,454 sqft · RM 137.00 PSF
Aug 2024
RM 350,000
JALAN KULIM
2,454 sqft · RM 143.00 PSF
Mar 2024
RM 390,000
LORONG MACANG MANIS 3
2,454 sqft · RM 159.00 PSF
Jan 2024
4,800 sqft
1 units Single Storey Semi-D
RM 480,000
LORONG MACANG MANIS 6
4,801 sqft · RM 100.00 PSF
Jul 2024