TMN SIMPANG EMPAT

TMN SIMPANG EMPAT in Seberang Perai Selatan, Penang recorded 3 subsale transactions in 2024, with a median price of RM 335K and a median price per square foot (PSF) of RM 350.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 335K, with most transactions falling within a stable range of RM 305K to RM 350K, and a typical market range of RM 300K to RM 350K.

Most transactions involved 2 - 2 1/2 storey terraced, with minimal variety in property types.

For price per square foot, the median is RM 350, with most transactions between RM 319 and RM 381. The usual range is RM 313.50 to RM 386.50, showing that most units are priced quite close to each other. With an IQR of RM 73.00 and MAD of RM 31, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.