Area Intelligence

TMN RASA RIA

2 properties
2024
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Median Price
RM 490,000
PSF: RM 305

Residential Market

Median Price

RM 350,000

RM 167 PSF

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 630,000

IQR: RM 115
MAD: RM 115
RM 443 PSF 107.0%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TMN RASA RIA in Seberang Perai Selatan, Penang recorded 2 subsale transactions in 2024, with a median price of RM 490K and a median price per square foot (PSF) of RM 305.

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 490K, with most transactions falling within a stable range of RM 350K to RM 630K, and a typical market range of RM 455K to RM 525K.

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

Price per square foot shows a median of RM 305, though individual units vary from RM 167 to RM 443 in the core range. The broader market spans RM 215.50 to RM 394.50, indicating diverse property characteristics. A wider spread (IQR: RM 179.00) and deviation (MAD: RM 138) 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

1,400 sqft
1 units Double Storey Shop
RM 630,000
JLN PUNGGUK
1,421 sqft · RM 443.00 PSF
Mar 2024
2,100 sqft
1 units Single Storey Semi-D
RM 350,000
JALAN PUNGGOK
2,099 sqft · RM 167.00 PSF
Feb 2024