Area Intelligence

TMN PENANTI

4 properties
2023
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Median Price
RM 160,000
PSF: RM 272

Residential Market

Median Price

RM 160,000

IQR: RM 23
MAD: RM 13
RM 272 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 4 subsale transactions in 2023, with a median price of RM 160K and a median price per square foot (PSF) of RM 272.

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 160K, with most transactions falling within a stable range of RM 156K to RM 160K, and a typical market range of RM 150K to RM 160K.

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

For price per square foot, the median is RM 272, with most transactions between RM 262 and RM 281. The usual range is RM 251.75 to RM 291.25, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 39.50 and an average deviation (MAD) of RM 9 indicate a highly stable PSF trend across properties.

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

4 properties grouped by size

550 sqft
2 units Cluster House
RM 160,000
LORONG PENANTI 2
560 sqft · RM 286.00 PSF
May 2023
RM 150,000
LORONG PENANTI 5
560 sqft · RM 268.00 PSF
Jan 2023
600 sqft
2 units Cluster House
RM 160,000
LORONG PENANTI 1
614 sqft · RM 261.00 PSF
Aug 2023
RM 160,000
JALAN PENANTI 1
581 sqft · RM 275.00 PSF
Mar 2023