Area Intelligence

TMN MEWAH

2 properties
3-Storey Storey Shop
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Median Price
RM 982,500
PSF: RM 702

Residential Market

Median Price

RM 164,000

IQR: RM 30
MAD: RM 15
RM 212 PSF 0.8%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 982,500

IQR: RM 2
MAD: RM 2
RM 702 PSF 0.3%

PSF Trends (2021-2025)

TMN MEWAH in Seberang Perai Utara, Penang recorded 2 3-Storey Storey Shop properties subsale transactions between 2021 and 2025 for 3-storey storey shop properties, with a median price of RM 983K and a median price per square foot (PSF) of RM 702.

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 983K, with most transactions falling within a stable range of RM 980K to RM 985K, and a typical market range of RM 980K to RM 985K.

Within the 3-Storey Storey Shop category, condominium/apartment dominated the market, with minimal variety in property types.

For price per square foot, the median is RM 702, with most transactions between RM 700 and RM 704. The usual range is RM 685.00 to RM 719.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 34.00 and an average deviation (MAD) of RM 2 indicate a highly stable PSF trend across properties.

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.

Area Location

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TMN MEWAH, Seberang Perai Utara, Penang

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Transactions

2 properties grouped by size

1,400 sqft
2 units 3-Storey Storey Shop
RM 985,000
JLN SUNGAI NYIOR
1,399 sqft · RM 704.00 PSF
Feb 2024
RM 980,000
JLN SG NYIOR
1,399 sqft · RM 700.00 PSF
Apr 2022