Area Intelligence

TMN MEWAH

11 properties
2024
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Median Price
RM 175,000
PSF: RM 220

Residential Market

Median Price

RM 171,500

IQR: RM 30
MAD: RM 15
RM 217 PSF 0.8%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 985,000

IQR: RM 2
MAD: RM 2
RM 704 PSF 0.3%

PSF Trends (2021-2025)

TMN MEWAH in Seberang Perai Utara, Penang recorded 11 subsale transactions in 2024, with a median price of RM 175K and a median price per square foot (PSF) of RM 220.

This area contains both residential and commercial properties. View 30 residential properties or 2 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 175K, with most transactions falling within a stable range of RM 130K to RM 411K, and a typical market range of RM 159K to RM 191K.

Most transactions involved condominium/apartment, with minimal variety in property types.

Price per square foot shows a median of RM 220, though individual units vary from RM 78 to RM 362 in the core range. The broader market spans RM 203.00 to RM 237.00, indicating diverse property characteristics. A wider spread (IQR: RM 34.00) and deviation (MAD: RM 142) 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TMN MEWAH, Seberang Perai Utara, Penang

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Transactions

11 properties found

Condo/Apartment
RM 175,000
818 sqft Sep 2024
RM 214.00 PSF
Condo/Apartment
RM 158,000
753 sqft Jul 2024
RM 210.00 PSF
Condo/Apartment
RM 130,000
753 sqft Jul 2024
RM 173.00 PSF
Condo/Apartment
RM 168,000
753 sqft Jun 2024
RM 223.00 PSF
Condo/Apartment
RM 190,000
753 sqft May 2024
RM 252.00 PSF
Condo/Apartment
RM 190,000
753 sqft May 2024
RM 252.00 PSF
Condo/Apartment
RM 180,000
818 sqft May 2024
RM 220.00 PSF
Condo/Apartment
RM 145,000
753 sqft Apr 2024
RM 192.00 PSF
Condo/Apartment
RM 143,000
753 sqft Mar 2024
RM 190.00 PSF
3-Storey Storey Shop JLN SUNGAI NYIOR
RM 985,000
1,399 sqft Feb 2024
RM 704.00 PSF
Condo/Apartment
RM 190,000
753 sqft Jan 2024
RM 252.00 PSF