Area Intelligence

TMN PING WAH

4 properties
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Median Price
RM 1,935,000
PSF: RM 311

Residential Market

Median Price

RM 3,000,000

IQR: RM 82
MAD: RM 53
RM 312 PSF 18.0%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 333,000

RM 309 PSF

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TMN PING WAH in Seberang Perai Selatan, Penang recorded 4 subsale transactions between 2021 and 2025, with a median price of RM 1.94 million and a median price per square foot (PSF) of RM 311.

This area contains both residential and commercial properties. View 3 residential properties or 1 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 1.94 million, with most transactions falling within a stable range of RM 620K to RM 3.25 million, and a typical market range of RM 740K to RM 3.13 million.

Most transactions involved detached, though some variety exists in the market.

For price per square foot, the median is RM 311, with most transactions between RM 283 and RM 339. The usual range is RM 288.88 to RM 332.13, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 43.25 and an average deviation (MAD) of RM 28 indicate a highly stable PSF trend across properties.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TMN PING WAH, Seberang Perai Selatan, Penang

OSM

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Transactions

4 properties grouped by size

1,100 sqft
1 units Double Storey Shop
RM 333,000
JALAN BESAR
1,076 sqft · RM 309.00 PSF
Feb 2023
4,350 sqft
1 units Detached
RM 870,000
JALAN BESAR
4,329 sqft · RM 201.00 PSF
Jul 2024
9,600 sqft
2 units Detached
RM 3,000,000
JALAN NIBONG TEBAL
9,600 sqft · RM 312.00 PSF
Aug 2022
RM 3,500,000
JALAN NIBONG TEBAL
9,591 sqft · RM 365.00 PSF
Jul 2021