Area Intelligence

TMN RASA RIA

2 properties
2023
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Median Price
RM 355,000
PSF: RM 184

Residential Market

Median Price

RM 420,000

RM 153 PSF

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 290,000

IQR: RM 115
MAD: RM 115
RM 214 PSF 107.0%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TMN RASA RIA in Seberang Perai Selatan, Penang recorded 2 subsale transactions in 2023, with a median price of RM 355K and a median price per square foot (PSF) of RM 184.

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 355K, with most transactions falling within a stable range of RM 290K to RM 420K, and a typical market range of RM 320K to RM 390K.

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

The median PSF stands at RM 184, with core pricing between RM 153 and RM 214. Market pricing typically extends from RM 94.00 to RM 273.00, reflecting moderate variation in unit pricing. The spread of RM 179.00 (IQR) and deviation of RM 31 (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.

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
2,750 sqft
1 units Single Storey Semi-D
RM 420,000
JLN PUNGGOK
2,745 sqft · RM 153.00 PSF
May 2023