TMN LEAN FUNG (BW SEC. 1)

TMN LEAN FUNG (BW SEC. 1) in Seberang Perai Utara, Penang recorded 4 subsale transactions in 2024, with a median price of RM 668K and a median price per square foot (PSF) of RM 477.

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 668K, with most transactions falling within a stable range of RM 575K to RM 700K, and a typical market range of RM 598K to RM 700K.

Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.

The median PSF stands at RM 477, with core pricing between RM 420 and RM 534. Market pricing typically extends from RM 427.00 to RM 527.00, reflecting moderate variation in unit pricing. With an IQR of RM 100.00 and MAD of RM 57, 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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.