TMN CERMAI
Residential Market
Median Price
RM 520,000
PSF Trends (2021-2025)
Commercial Market
Median Price
RM 325,000
PSF Trends (2021-2025)
TMN CERMAI in Seberang Perai Tengah, Penang recorded 1 subsale transactions in 2023, with a median price of RM 520K and a median price per square foot (PSF) of RM 435.
This area contains both residential and commercial properties. View 3 residential properties or 1 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat.
Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.
For price per square foot, the median is RM 435, with most transactions between RM 435 and RM 435. The usual range is RM 402.13 to RM 467.88, showing that most units are priced quite close to each other. With an IQR of RM 65.75 and MAD of RM 0, the PSF demonstrates reasonable consistency across the market.
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.
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Transactions
1 properties found
Type
|
Road
|
Price
|
PSF
|
Area
|
Date
|
---|---|---|---|---|---|
Double Storey Terraced |
LORONG CERMAI 7
|
RM 520,000
|
RM 435.00
|
1,195 sqft
|
Dec 2023
|