Area Intelligence

TMN DESA MURNI

4 properties
Double Storey Shop
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Median Price
RM 610,000
PSF: RM 412

Residential Market

Median Price

RM 300,000

IQR: RM 115
MAD: RM 57
RM 340 PSF 5.7%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 610,000

IQR: RM 93
MAD: RM 49
RM 412 PSF 15.2%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TMN DESA MURNI in Seberang Perai Utara, Penang recorded 4 Double Storey Shop properties subsale transactions between 2021 and 2025 for double storey shop properties, with a median price of RM 610K and a median price per square foot (PSF) of RM 412.

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 610K, with most transactions falling within a stable range of RM 580K to RM 643K, and a typical market range of RM 580K to RM 659K.

Within the Double Storey Shop category, 2 - 2 1/2 storey terraced dominated the market, with moderate diversity in property types available.

For price per square foot, the median is RM 412, with most transactions between RM 394 and RM 430. The usual range is RM 356.63 to RM 467.38, showing that most units are priced quite close to each other. With an IQR of RM 110.75 and MAD of RM 18, 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. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. 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

4 properties grouped by size

1,400 sqft
2 units Double Storey Shop
RM 620,000
LORONG MURNI 6
1,421 sqft · RM 436.00 PSF
Aug 2024
RM 580,000
LORONG MURNI 6
1,421 sqft · RM 408.00 PSF
Jan 2023
1,450 sqft
1 units Double Storey Shop
RM 600,000
LRG MURNI 10
1,442 sqft · RM 416.00 PSF
Sep 2023
1,750 sqft
1 units Double Storey Shop
RM 670,000
LRG MURNI 10
1,733 sqft · RM 387.00 PSF
Jul 2024