Area Intelligence

TMN RASA RIA

2 properties
Double Storey Shop
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Median Price
RM 460,000
PSF: RM 329

Residential Market

Median Price

RM 380,000

RM 346 PSF

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 460,000

IQR: RM 115
MAD: RM 115
RM 329 PSF 107.0%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TMN RASA RIA in Seberang Perai Selatan, Penang recorded 2 Double Storey Shop properties subsale transactions between 2021 and 2025 for double storey shop properties, with a median price of RM 460K and a median price per square foot (PSF) of RM 329.

This area contains both residential and commercial properties. View 1 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 290K to RM 630K, and a typical market range of RM 425K to RM 495K.

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

Price per square foot shows a median of RM 329, though individual units vary from RM 214 to RM 443 in the core range. The broader market spans RM 239.00 to RM 418.00, indicating diverse property characteristics. A wider spread (IQR: RM 179.00) and deviation (MAD: RM 115) indicate significant PSF variations, likely due to diverse property types or conditions.

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 RASA RIA, Seberang Perai Selatan, Penang

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Transactions

2 properties grouped by size

1,350 sqft
1 units Double Storey Shop
RM 290,000
JLN PUNGGOK
1,356 sqft · RM 214.00 PSF
Oct 2023
1,400 sqft
1 units Double Storey Shop
RM 630,000
JLN PUNGGUK
1,421 sqft · RM 443.00 PSF
Mar 2024