Area Intelligence

TMN BELIBIS

15 properties
2023
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Median Price
RM 280,000
PSF: RM 246

Residential Market

Median Price

RM 280,000

IQR: RM 114
MAD: RM 59
RM 240 PSF 3.3%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 700,000

IQR: RM 21
MAD: RM 21
RM 586 PSF 7.2%

PSF Trends (2021-2025)

TMN BELIBIS in Seberang Perai Selatan, Penang recorded 15 subsale transactions in 2023, with a median price of RM 280K and a median price per square foot (PSF) of RM 246.

This area contains both residential and commercial properties. View 36 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 280K, with most transactions falling within a stable range of RM 119K to RM 441K, and a typical market range of RM 171K to RM 389K.

Most transactions involved 1 - 1 1/2 storey terraced, with moderate diversity in property types available.

Price per square foot shows a median of RM 246, though individual units vary from RM 133 to RM 359 in the core range. The broader market spans RM 189.63 to RM 302.38, indicating diverse property characteristics. A wider spread (IQR: RM 112.75) and deviation (MAD: RM 113) 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 BELIBIS, Seberang Perai Selatan, Penang

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Transactions

15 properties grouped by size

550 sqft
5 units Low-Cost Flat
RM 95,000
570 sqft · RM 167.00 PSF
Nov 2023
RM 80,000
570 sqft · RM 140.00 PSF
Oct 2023
RM 60,000
570 sqft · RM 105.00 PSF
Jul 2023
RM 72,000
570 sqft · RM 126.00 PSF
Jun 2023
RM 65,000
570 sqft · RM 114.00 PSF
Jun 2023
1,100 sqft
7 units Single Storey Terraced
RM 298,000
LORONG BELIBIS 20
1,098 sqft · RM 271.00 PSF
Dec 2023
RM 330,000
LORONG BELIBIS14
1,098 sqft · RM 301.00 PSF
Dec 2023
RM 300,000
LORONG BELIBIS 24
1,098 sqft · RM 273.00 PSF
Aug 2023
RM 295,000
LORONG BELIBIS 6
1,098 sqft · RM 269.00 PSF
May 2023
RM 280,000
LORONG BELIBIS 18
1,098 sqft · RM 255.00 PSF
May 2023
RM 320,000
LORONG BELIBIS 2
1,098 sqft · RM 291.00 PSF
Feb 2023
RM 270,000
LORONG BELIBIS 14
1,098 sqft · RM 246.00 PSF
Jan 2023
1,200 sqft
2 units
RM 280,000
Single Storey Terraced LORONG BELIBIS 22
1,195 sqft · RM 234.00 PSF
Jun 2023
RM 700,000
Single Storey Shop JALAN BESAR
1,195 sqft · RM 586.00 PSF
Feb 2023
1,650 sqft
1 units Single Storey Terraced
RM 360,000
LRG BELIBIS 2
1,625 sqft · RM 221.00 PSF
Sep 2023