TMN PENAGA

TMN PENAGA in Seberang Perai Utara, Penang recorded 9 subsale transactions in 2023, with a median price of RM 220K and a median price per square foot (PSF) of RM 214.

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 220K, with most transactions falling within a stable range of RM 182K to RM 258K, and a typical market range of RM 173K to RM 267K.

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

For price per square foot, the median is RM 214, with most transactions between RM 196 and RM 232. The usual range is RM 185.75 to RM 242.25, showing that most units are priced quite close to each other. With an IQR of RM 56.50 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.