Area Intelligence

TMN MEWAH

2 properties
2021
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Median Price
RM 160,000
PSF: RM 212

Residential Market

Median Price

RM 160,000

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 subsale transactions in 2021, with a median price of RM 160K and a median price per square foot (PSF) of RM 212.

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.

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

For price per square foot, the median is RM 212, with most transactions between RM 212 and RM 212. The usual range is RM 195.00 to RM 229.00, 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 0 indicate a highly stable PSF trend across properties.

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 MEWAH, Seberang Perai Utara, Penang

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Transactions

2 properties grouped by size

750 sqft
2 units Condo/Apartment
RM 160,000
753 sqft · RM 212.00 PSF
Dec 2021
RM 160,000
753 sqft · RM 212.00 PSF
Nov 2021