Area Intelligence

TMN BELATUK

5 properties
2023
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Median Price
RM 320,000
PSF: RM 234

Residential Market

Median Price

RM 306,000

IQR: RM 20
MAD: RM 12
RM 219 PSF 1.6%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 335,000

IQR: RM 116
MAD: RM 80
RM 243 PSF 32.4%

PSF Trends (2021-2025)

TMN BELATUK in Seberang Perai Selatan, Penang recorded 5 subsale transactions in 2023, with a median price of RM 320K and a median price per square foot (PSF) of RM 234.

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 320K, with most transactions falling within a stable range of RM 268K to RM 370K, and a typical market range of RM 278K to RM 362K.

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

The median PSF stands at RM 234, with core pricing between RM 196 and RM 272. Market pricing typically extends from RM 186.25 to RM 281.75, reflecting moderate variation in unit pricing. The spread of RM 95.50 (IQR) and deviation of RM 38 (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 BELATUK, Seberang Perai Selatan, Penang

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Transactions

5 properties grouped by size

1,250 sqft
1 units Double Storey Shop
RM 320,000
JALAN BKT PANCHOR
1,270 sqft · RM 252.00 PSF
Apr 2023
1,400 sqft
3 units
RM 306,000
Single Storey Terraced LORONG BELATUK 10
1,399 sqft · RM 219.00 PSF
Sep 2023
RM 220,000
Single Storey Terraced LORONG BELATUK 10
1,399 sqft · RM 157.00 PSF
Jun 2023
RM 370,000
Double Storey Terraced LRG. BELATUK 6
1,378 sqft · RM 269.00 PSF
Jan 2023
1,500 sqft
1 units Double Storey Shop
RM 350,000
LORONG BELATUK 3
1,496 sqft · RM 234.00 PSF
Nov 2023