Area Intelligence

TMN GAMELAN RIA

4 properties
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Median Price
RM 451,500
PSF: RM 253

Residential Market

Median Price

RM 451,500

IQR: RM 40
MAD: RM 34
RM 253 PSF 1.4%

PSF Trends (2021-2025)

TMN GAMELAN RIA in Seberang Perai Selatan, Penang recorded 4 subsale transactions between 2021 and 2025, with a median price of RM 452K and a median price per square foot (PSF) of RM 253.

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 452K, with most transactions falling within a stable range of RM 412K to RM 492K, and a typical market range of RM 396K to RM 500K.

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

The median PSF stands at RM 253, with core pricing between RM 219 and RM 286. Market pricing typically extends from RM 232.63 to RM 272.38, reflecting moderate variation in unit pricing. With an IQR of RM 39.75 and MAD of RM 34, 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.

Area Location

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TMN GAMELAN RIA, Seberang Perai Selatan, Penang

OSM

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Transactions

4 properties grouped by size

1,300 sqft
2 units Double Storey Terraced
RM 248,000
LORONG GAMELAN RIA 1
1,302 sqft · RM 190.00 PSF
Jul 2023
RM 420,000
LORONG GAMELAN RIA 2
1,302 sqft · RM 322.00 PSF
Apr 2023
1,950 sqft
2 units Double Storey Terraced
RM 483,000
LORONG GEMELAN RIA 3
1,948 sqft · RM 248.00 PSF
Nov 2022
RM 500,000
LORONG GAMELAN RIA 1
1,948 sqft · RM 257.00 PSF
Sep 2022