Area Intelligence

TMN GAMELAN

2 properties
Double Storey Terraced
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Median Price
RM 460,000
PSF: RM 295

Residential Market

Median Price

RM 460,000

IQR: RM 56
MAD: RM 25
RM 295 PSF 24.2%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 550,000

IQR: RM 1
MAD: RM 1
RM 459 PSF 0.2%

PSF Trends (2021-2025)

TMN GAMELAN in Seberang Perai Selatan, Penang recorded 2 Double Storey Terraced properties subsale transactions between 2021 and 2025 for double storey terraced properties, with a median price of RM 460K and a median price per square foot (PSF) of RM 295.

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 400K to RM 520K, and a typical market range of RM 400K to RM 520K.

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

The median PSF stands at RM 295, with core pricing between RM 254 and RM 335. Market pricing typically extends from RM 213.63 to RM 375.38, reflecting moderate variation in unit pricing. With an IQR of RM 161.75 and MAD of RM 41, 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TMN GAMELAN, Seberang Perai Selatan, Penang

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Transactions

2 properties grouped by size

1,200 sqft
1 units Double Storey Terraced
RM 400,000
LORONG GAMELAN 3
1,195 sqft · RM 335.00 PSF
Nov 2022
2,050 sqft
1 units Double Storey Terraced
RM 520,000
LORONG GAMELAN 4
2,045 sqft · RM 254.00 PSF
Oct 2023