Area Intelligence

TMN BELATUK

6 properties
2024
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Median Price
RM 352,500
PSF: RM 155

Residential Market

Median Price

RM 330,000

IQR: RM 20
MAD: RM 12
RM 138 PSF 1.6%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 590,000

IQR: RM 116
MAD: RM 80
RM 172 PSF 32.4%

PSF Trends (2021-2025)

TMN BELATUK in Seberang Perai Selatan, Penang recorded 6 subsale transactions in 2024, with a median price of RM 353K and a median price per square foot (PSF) of RM 155.

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 353K, with most transactions falling within a stable range of RM 288K to RM 454K, and a typical market range of RM 310K to RM 395K.

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 155, though individual units vary from RM 117 to RM 193 in the core range. The broader market spans RM 107.25 to RM 202.75, indicating diverse property characteristics. 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

6 properties grouped by size

1,300 sqft
1 units Single Storey Terraced
RM 300,000
LRG. BELATUK 11
1,302 sqft · RM 230.00 PSF
Apr 2024
1,400 sqft
1 units Single Storey Terraced
RM 288,000
LORONG BELATUK 10
1,399 sqft · RM 206.00 PSF
May 2024
2,500 sqft
1 units Single Storey Semi-D
RM 330,000
LRG BELATUK 2
2,486 sqft · RM 133.00 PSF
Oct 2024
2,700 sqft
1 units Single Storey Semi-D
RM 375,000
LORONG BELATUK 5
2,723 sqft · RM 138.00 PSF
Apr 2024
3,000 sqft
1 units Single Storey Semi-D
RM 400,000
LORONG BELATUK 2
3,025 sqft · RM 132.00 PSF
Mar 2024
3,400 sqft
1 units Double Storey Shop
RM 590,000
LRG BELATUK 3
3,423 sqft · RM 172.00 PSF
Jul 2024