TMN KUALA MUDA

TMN KUALA MUDA in Seberang Perai Utara, Penang recorded 2 subsale transactions in 2023, with a median price of RM 100K and a median price per square foot (PSF) of RM 47.

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 100K, with most transactions falling within a stable range of RM 80K to RM 120K, and a typical market range of RM 89K to RM 111K.

Most transactions involved low-cost house, though some variety exists in the market.

Price per square foot shows a median of RM 47, though individual units vary from RM 37 to RM 56 in the core range. The broader market spans RM 42.25 to RM 50.75, indicating diverse property characteristics. The spread of RM 8.50 (IQR) and deviation of RM 10 (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.