Area Intelligence

TMN GAMELAN

1 properties
2024
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Median Price
RM 550,000
PSF: RM 458

Residential Market

Median Price

RM 350,000

IQR: RM 56
MAD: RM 25
RM 277 PSF 24.2%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 550,000

IQR: RM 1
MAD: RM 1
RM 458 PSF 0.2%

PSF Trends (2021-2025)

TMN GAMELAN in Seberang Perai Selatan, Penang recorded 1 subsale transactions in 2024, with a median price of RM 550K and a median price per square foot (PSF) of RM 458.

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.

Most transactions involved 2 - 2 1/2 storey shop, with high diversity across multiple property types.

For price per square foot, the median is RM 458, with most transactions between RM 458 and RM 458. The usual range is RM 377.13 to RM 538.88, showing that most units are priced quite close to each other. With an IQR of RM 161.75 and MAD of RM 0, 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

1 properties grouped by size

1,200 sqft
1 units Double Storey Shop
RM 550,000
LORONG GAMELAN 1
1,200 sqft · RM 458.00 PSF
Apr 2024