Area Intelligence

TMN CEGAR

6 properties
Single Storey Terraced
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Median Price
RM 290,000
PSF: RM 254

Residential Market

Median Price

RM 290,000

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 6 Single Storey Terraced properties subsale transactions between 2021 and 2025 for single storey terraced properties, with a median price of RM 290K and a median price per square foot (PSF) of RM 254.

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 290K, with most transactions falling within a stable range of RM 280K to RM 310K, and a typical market range of RM 280K to RM 330K.

Within the Single Storey Terraced category, 1 - 1 1/2 storey terraced dominated the market, with high diversity across multiple property types.

The median PSF stands at RM 254, with core pricing between RM 205 and RM 303. Market pricing typically extends from RM 221.13 to RM 286.88, reflecting moderate variation in unit pricing. The spread of RM 65.75 (IQR) and deviation of RM 49 (MAD) suggest moderate price variations reflecting different property features.

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

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Transactions

6 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
1,250 sqft
1 units Single Storey Terraced
RM 280,000
JLN CEGAR 1
1,238 sqft · RM 226.00 PSF
May 2022
2,000 sqft
1 units Single Storey Terraced
RM 300,000
LORONG CEGAR 2
1,981 sqft · RM 151.00 PSF
Jul 2022