Area Intelligence

TMN SERI PENGKALAN

4 properties
2022
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Median Price
RM 600,000
PSF: RM 333

Residential Market

Median Price

RM 600,000

IQR: RM 90
MAD: RM 45
RM 333 PSF 2.9%

PSF Trends (2021-2025)

TMN SERI PENGKALAN in Seberang Perai Tengah, Penang recorded 4 subsale transactions in 2022, with a median price of RM 600K and a median price per square foot (PSF) of RM 333.

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 600K, with most transactions falling within a stable range of RM 555K to RM 646K, and a typical market range of RM 555K to RM 647K.

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

For price per square foot, the median is RM 333, with most transactions between RM 323 and RM 342. The usual range is RM 287.63 to RM 377.38, showing that most units are priced quite close to each other. With an IQR of RM 89.75 and MAD of RM 9, 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.

Area Location

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TMN SERI PENGKALAN, Seberang Perai Tengah, Penang

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Transactions

4 properties grouped by size

1,750 sqft
2 units Double Storey Terraced
RM 590,000
LORONG SERI PENGKALAN 2
1,765 sqft · RM 334.00 PSF
Nov 2022
RM 555,000
LORONG SERI PENGKALAN 1
1,765 sqft · RM 314.00 PSF
Feb 2022
1,800 sqft
1 units Double Storey Terraced
RM 610,000
LORONG SERI PENGKALAN 1
1,798 sqft · RM 339.00 PSF
Jun 2022
2,050 sqft
1 units Double Storey Terraced
RM 680,000
LORONG SERI PENGKALAN 1
2,056 sqft · RM 331.00 PSF
Jun 2022