Area Intelligence

TMN BELATUK

5 properties
Double Storey Shop
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Median Price
RM 418,000
PSF: RM 252

Residential Market

Median Price

RM 297,500

IQR: RM 20
MAD: RM 12
RM 215 PSF 1.6%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 418,000

IQR: RM 116
MAD: RM 80
RM 252 PSF 32.4%

PSF Trends (2021-2025)

TMN BELATUK in Seberang Perai Selatan, Penang recorded 5 Double Storey Shop properties subsale transactions between 2021 and 2025 for double storey shop properties, with a median price of RM 418K and a median price per square foot (PSF) of RM 252.

This area contains both residential and commercial properties. View 6 residential properties or 5 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 418K, with most transactions falling within a stable range of RM 321K to RM 515K, and a typical market range of RM 376K to RM 460K.

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

Price per square foot shows a median of RM 252, though individual units vary from RM 169 to RM 335 in the core range. The broader market spans RM 204.25 to RM 299.75, indicating diverse property characteristics. A wider spread (IQR: RM 95.50) and deviation (MAD: RM 83) 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 BELATUK, Seberang Perai Selatan, Penang

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Transactions

5 properties grouped by size

1,200 sqft
2 units Double Storey Shop
RM 485,000
MEDAN BELATUK
1,206 sqft · RM 402.00 PSF
Nov 2022
RM 418,000
MEDAN BELATUK
1,195 sqft · RM 350.00 PSF
Jul 2022
1,250 sqft
1 units Double Storey Shop
RM 320,000
JALAN BKT PANCHOR
1,270 sqft · RM 252.00 PSF
Apr 2023
1,500 sqft
1 units Double Storey Shop
RM 350,000
LORONG BELATUK 3
1,496 sqft · RM 234.00 PSF
Nov 2023
3,400 sqft
1 units Double Storey Shop
RM 590,000
LRG BELATUK 3
3,423 sqft · RM 172.00 PSF
Jul 2024