Area Intelligence

TMN DESA MURNI

3 properties
2021
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Median Price
RM 288,000
PSF: RM 326

Residential Market

Median Price

RM 288,000

IQR: RM 115
MAD: RM 57
RM 326 PSF 5.7%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 650,000

IQR: RM 93
MAD: RM 49
RM 387 PSF 15.2%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TMN DESA MURNI in Seberang Perai Utara, Penang recorded 3 subsale transactions in 2021, with a median price of RM 288K and a median price per square foot (PSF) of RM 326.

This area contains both residential and commercial properties. View 77 residential properties or 11 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 288K, with most transactions falling within a stable range of RM 188K to RM 315K, and a typical market range of RM 239K to RM 315K.

Most transactions involved 2 - 2 1/2 storey terraced, with moderate diversity in property types available.

Price per square foot shows a median of RM 326, though individual units vary from RM 239 to RM 413 in the core range. The broader market spans RM 270.63 to RM 381.38, indicating diverse property characteristics. A wider spread (IQR: RM 110.75) and deviation (MAD: RM 87) indicate significant PSF variations, likely due to diverse property types or conditions.

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 DESA MURNI, Seberang Perai Utara, Penang

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Transactions

3 properties found

Double Storey Terraced LORONG MURNI 21
RM 315,000
883 sqft Dec 2021
RM 357.00 PSF
Cluster House BLOK 17
RM 90,000
570 sqft Dec 2021
RM 158.00 PSF
Double Storey Terraced LORONG MURNI 21
RM 288,000
883 sqft Oct 2021
RM 326.00 PSF