TMN GAMELAN
Residential Market
Median Price
RM 400,000
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 2 subsale transactions in 2022, with a median price of RM 475K and a median price per square foot (PSF) of RM 398.
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 475K, with most transactions falling within a stable range of RM 400K to RM 550K, and a typical market range of RM 400K to RM 550K.
Most transactions involved 2 - 2 1/2 storey shop, with high diversity across multiple property types.
The median PSF stands at RM 398, with core pricing between RM 335 and RM 460. Market pricing typically extends from RM 316.63 to RM 478.38, reflecting moderate variation in unit pricing. The spread of RM 161.75 (IQR) and deviation of RM 63 (MAD) suggest moderate price variations reflecting different property features.
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.
Filter by type, year, price, and size
Transactions
2 properties grouped by size
Road | Price | PSF | Size | Date | Type |
---|
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 |