Area Intelligence

TMN CEGAR

10 properties
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Median Price
RM 325,000
PSF: RM 268

Residential Market

Median Price

RM 310,000

IQR: RM 68
MAD: RM 33
RM 254 PSF 16.5%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 715,000

IQR: RM 32
MAD: RM 32
RM 596 PSF 10.2%

PSF Trends (2021-2025)

TMN CEGAR in Seberang Perai Selatan, Penang recorded 10 subsale transactions between 2021 and 2025, with a median price of RM 325K and a median price per square foot (PSF) of RM 268.

This area contains both residential and commercial properties. View 8 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 325K, with most transactions falling within a stable range of RM 280K to RM 370K, and a typical market range of RM 280K to RM 490K.

Most transactions involved 1 - 1 1/2 storey terraced, with high diversity across multiple property types.

The median PSF stands at RM 268, with core pricing between RM 231 and RM 306. Market pricing typically extends from RM 235.13 to RM 300.88, reflecting moderate variation in unit pricing. With an IQR of RM 65.75 and MAD of RM 38, the PSF demonstrates reasonable consistency across the market.

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 CEGAR, Seberang Perai Selatan, Penang

OSM

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Transactions

10 properties grouped by size

1,100 sqft
4 units Single Storey Terraced
RM 320,000
LRG CEGAR 4
1,098 sqft · RM 291.00 PSF
Apr 2024
RM 280,000
LORONG CEGAR 3
1,109 sqft · RM 253.00 PSF
Feb 2023
RM 280,000
LORONG CEGAR 1
1,098 sqft · RM 255.00 PSF
Jun 2022
RM 330,000
LORONG CEGAR 7
1,098 sqft · RM 301.00 PSF
May 2022
1,200 sqft
2 units Double Storey Shop
RM 680,000
JALAN BESAR
1,206 sqft · RM 564.00 PSF
Nov 2023
RM 750,000
JALAN CEGAR 1
1,195 sqft · RM 628.00 PSF
Oct 2022
1,250 sqft
1 units Single Storey Terraced
RM 280,000
JLN CEGAR 1
1,238 sqft · RM 226.00 PSF
May 2022
1,500 sqft
1 units Double Storey Terraced
RM 420,000
LORONG CEGAR 12
1,496 sqft · RM 281.00 PSF
Jul 2022
2,000 sqft
1 units Single Storey Terraced
RM 300,000
LORONG CEGAR 2
1,981 sqft · RM 151.00 PSF
Jul 2022
4,150 sqft
1 units Double Storey Semi-D
RM 768,000
LORONG CEGAR 10
4,166 sqft · RM 184.00 PSF
Jan 2021