Area Intelligence

TMN BELATUK

4 properties
2022
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Median Price
RM 384,000
PSF: RM 281

Residential Market

Median Price

RM 322,500

IQR: RM 20
MAD: RM 12
RM 170 PSF 1.6%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 451,500

IQR: RM 116
MAD: RM 80
RM 376 PSF 32.4%

PSF Trends (2021-2025)

TMN BELATUK in Seberang Perai Selatan, Penang recorded 4 subsale transactions in 2022, with a median price of RM 384K and a median price per square foot (PSF) of RM 281.

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 384K, with most transactions falling within a stable range of RM 313K to RM 455K, and a typical market range of RM 342K to RM 426K.

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

Price per square foot shows a median of RM 281, though individual units vary from RM 172 to RM 389 in the core range. The broader market spans RM 232.75 to RM 328.25, indicating diverse property characteristics. A wider spread (IQR: RM 95.50) and deviation (MAD: RM 109) 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

4 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
1,400 sqft
1 units Single Storey Terraced
RM 295,000
LRG. BELATUK 4
1,399 sqft · RM 211.00 PSF
Mar 2022
2,700 sqft
1 units Single Storey Semi-D
RM 350,000
LORONG BELATUK 5
2,723 sqft · RM 129.00 PSF
Jun 2022