Area Intelligence

TMN PENANTI

2 properties
2022
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Median Price
RM 465,000
PSF: RM 429

Residential Market

Median Price

RM 180,000

IQR: RM 23
MAD: RM 13
RM 322 PSF 4.0%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 750,000

RM 536 PSF

PSF Trends (2021-2025)

TMN PENANTI in Seberang Perai Tengah, Penang recorded 2 subsale transactions in 2022, with a median price of RM 465K and a median price per square foot (PSF) of RM 429.

This area contains both residential and commercial properties. View 10 residential properties or 1 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 465K, with most transactions falling within a stable range of RM 180K to RM 750K, and a typical market range of RM 439K to RM 491K.

Most transactions involved cluster house, though some variety exists in the market.

Price per square foot shows a median of RM 429, though individual units vary from RM 322 to RM 536 in the core range. The broader market spans RM 409.25 to RM 448.75, indicating diverse property characteristics. The spread of RM 39.50 (IQR) and deviation of RM 107 (MAD) suggest moderate price variations reflecting different property features.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TMN PENANTI, Seberang Perai Tengah, Penang

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Transactions

2 properties grouped by size

550 sqft
1 units Cluster House
RM 180,000
LORONG PENANTI 6
560 sqft · RM 322.00 PSF
Nov 2022
1,400 sqft
1 units Double Storey Shop
RM 750,000
JALAN PENANTI 1
1,399 sqft · RM 536.00 PSF
Nov 2022