Area Intelligence

TMN REBANA

7 properties
Double Storey Shop
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Median Price
RM 450,000
PSF: RM 346

Residential Market

Median Price

RM 270,000

IQR: RM 82
MAD: RM 45
RM 180 PSF 24.2%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 450,000

IQR: RM 157
MAD: RM 67
RM 346 PSF 42.6%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TMN REBANA in Seberang Perai Selatan, Penang recorded 7 Double Storey Shop properties subsale transactions between 2021 and 2025 for double storey shop properties, with a median price of RM 450K and a median price per square foot (PSF) of RM 346.

This area contains both residential and commercial properties. View 13 residential properties or 7 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 450K, with most transactions falling within a stable range of RM 324K to RM 576K, and a typical market range of RM 369K to RM 531K.

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

Price per square foot shows a median of RM 346, though individual units vary from RM 254 to RM 438 in the core range. The broader market spans RM 286.63 to RM 405.38, indicating diverse property characteristics. A wider spread (IQR: RM 118.75) and deviation (MAD: RM 92) 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. 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 REBANA, Seberang Perai Selatan, Penang

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Transactions

7 properties grouped by size

1,300 sqft
1 units Double Storey Shop
RM 450,000
JALAN REBANA 1
1,302 sqft · RM 346.00 PSF
Jun 2023
1,350 sqft
1 units Double Storey Shop
RM 560,000
JALAN BESAR
1,356 sqft · RM 413.00 PSF
May 2023
1,400 sqft
5 units Double Storey Shop
RM 300,000
JALAN BESAR VALDOR
1,399 sqft · RM 214.00 PSF
Apr 2024
RM 650,000
JALAN BESAR
1,399 sqft · RM 465.00 PSF
Jul 2023
RM 400,000
JALAN BESAR
1,399 sqft · RM 286.00 PSF
Jul 2023
RM 560,000
JALAN BESAR
1,399 sqft · RM 400.00 PSF
May 2023
RM 300,000
JALAN BESAR VALDOR
1,399 sqft · RM 214.00 PSF
May 2023