Area Intelligence

TMN SERUMPUN

3 properties
Double Storey Terraced
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Median Price
RM 468,000
PSF: RM 378

Residential Market

Median Price

RM 468,000

IQR: RM 164
MAD: RM 110
RM 378 PSF 17.5%

PSF Trends (2021-2025)

TMN SERUMPUN in Seberang Perai Tengah, Penang recorded 3 Double Storey Terraced properties subsale transactions between 2021 and 2025 for double storey terraced properties, with a median price of RM 468K and a median price per square foot (PSF) of RM 378.

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 468K, with most transactions falling within a stable range of RM 390K to RM 572K, and a typical market range of RM 415K to RM 522K.

Within the Double Storey Terraced category, 2 - 2 1/2 storey terraced dominated the market, though some variety exists in the market.

The median PSF stands at RM 378, with core pricing between RM 328 and RM 428. Market pricing typically extends from RM 296.00 to RM 460.00, reflecting moderate variation in unit pricing. With an IQR of RM 164.00 and MAD of RM 50, 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TMN SERUMPUN, Seberang Perai Tengah, Penang

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Transactions

3 properties grouped by size

1,200 sqft
1 units Double Storey Terraced
RM 390,000
JALAN LOBAK
1,206 sqft · RM 324.00 PSF
Jul 2022
1,250 sqft
1 units Double Storey Terraced
RM 468,000
LORONG LOBAK 3
1,238 sqft · RM 378.00 PSF
Feb 2023
1,450 sqft
1 units Double Storey Terraced
RM 640,000
JALAN SELASIH 1
1,432 sqft · RM 447.00 PSF
Apr 2024