TMN GAMELAN
Residential Market
Median Price
RM 350,000
PSF Trends (2021-2025)
Commercial Market
Median Price
RM 550,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Single Storey Semi-D
10 properties
Median Price
RM 371,000
Median PSF
RM 141.00
Single Storey Terraced
10 properties
Median Price
RM 301,000
Median PSF
RM 210.00
Low-Cost House
5 properties
Median Price
RM 200,000
-10.1% CAGR
Median PSF
RM 209.00
-10.2% CAGR
Double Storey Shop
2 properties
Median Price
RM 550,000
Median PSF
RM 459.00
-0.2% CAGR
Double Storey Terraced
2 properties
Median Price
RM 460,000
+30.0% CAGR
Median PSF
RM 294.50
-24.2% CAGR
Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
---|---|---|---|---|---|---|
Single Storey Semi-D | 10 |
RM 371,000
|
- |
RM 141.00
|
- | |
Single Storey Terraced | 10 |
RM 301,000
|
- |
RM 210.00
|
- | |
Low-Cost House | 5 |
RM 200,000
±39K MAD
|
-10.14% |
RM 209.00
±41 MAD
|
-10.21% | |
Double Storey Shop | 2 |
RM 550,000
|
- |
RM 459.00
±1 MAD
|
-0.22% | |
Double Storey Terraced | 2 |
RM 460,000
±60K MAD
|
+30.00% |
RM 294.50
±41 MAD
|
-24.18% |
TMN GAMELAN in Seberang Perai Selatan, Penang recorded 6 subsale transactions between 2021 and 2025, with a median price of RM 460K and a median price per square foot (PSF) of RM 318.
This area contains both residential and commercial properties. View 4 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 460K, with most transactions falling within a stable range of RM 370K to RM 550K, and a typical market range of RM 351K to RM 550K.
Most transactions involved 2 - 2 1/2 storey shop, with high diversity across multiple property types.
Price per square foot shows a median of RM 318, though individual units vary from RM 252 to RM 383 in the core range. The broader market spans RM 236.63 to RM 398.38, indicating diverse property characteristics. The spread of RM 161.75 (IQR) and deviation of RM 66 (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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.
Filter by type, year, price, and size
Transactions
6 properties grouped by size
Road | Price | PSF | Size | Date | Type |
---|
LORONG GAMELAN 5
|
RM 250,000
|
RM 250.00
|
1,001 sqft
|
Jul 2023
|
|
LORONG GAMELAN 5
|
RM 300,000
|
RM 300.00
|
1,001 sqft
|
Jan 2023
|
LORONG GAMELAN 1
|
RM 550,000
|
RM 458.00
|
1,200 sqft
|
Apr 2024
|
Double Storey Shop |
LORONG GAMELAN 1
|
RM 550,000
|
RM 460.00
|
1,195 sqft
|
Nov 2022
|
Double Storey Shop |
LORONG GAMELAN 3
|
RM 400,000
|
RM 335.00
|
1,195 sqft
|
Nov 2022
|
Double Storey Terraced |
LORONG GAMELAN 4
|
RM 520,000
|
RM 254.00
|
2,045 sqft
|
Oct 2023
|