Area Intelligence

TMN PENAGA

9 properties
2024
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Median Price
RM 250,000
PSF: RM 205

Residential Market

Median Price

RM 250,000

IQR: RM 40
MAD: RM 20
RM 205 PSF 2.6%

PSF Trends (2021-2025)

TMN PENAGA in Seberang Perai Utara, Penang recorded 9 subsale transactions in 2024, with a median price of RM 250K and a median price per square foot (PSF) of RM 205.

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 250K, with most transactions falling within a stable range of RM 200K to RM 325K, and a typical market range of RM 203K to RM 297K.

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

Price per square foot shows a median of RM 205, though individual units vary from RM 163 to RM 247 in the core range. The broader market spans RM 176.75 to RM 233.25, indicating diverse property characteristics. The spread of RM 56.50 (IQR) and deviation of RM 42 (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.

Area Location

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TMN PENAGA, Seberang Perai Utara, Penang

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Transactions

9 properties found

Low-Cost House LORONG PENAGA 29
RM 200,000
1,001 sqft Oct 2024
RM 200.00 PSF
Single Storey Terraced LORONG PENAGA 4
RM 250,000
1,098 sqft Sep 2024
RM 228.00 PSF
Single Storey Terraced LORONG PENAGA 1
RM 350,000
1,302 sqft Aug 2024
RM 269.00 PSF
Single Storey Terraced LORONG PENAGA 9
RM 220,000
1,087 sqft Aug 2024
RM 202.00 PSF
Low-Cost House LRG PENAGA 7
RM 310,000
1,927 sqft Aug 2024
RM 161.00 PSF
Single Storey Terraced LORONG PENAGA 12
RM 225,000
1,098 sqft May 2024
RM 205.00 PSF
Low-Cost House LORONG PENAGA 21
RM 245,000
1,001 sqft Apr 2024
RM 245.00 PSF
Double Storey Semi-D LORONG PENAGA 30
RM 450,000
3,498 sqft Mar 2024
RM 129.00 PSF
Low-Cost House LORONG PENAGA 23
RM 250,000
1,001 sqft Mar 2024
RM 250.00 PSF