Area Intelligence

TMN FAJAR

3 properties
2021
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Median Price
RM 266,000
PSF: RM 134

Residential Market

Median Price

RM 213,000

IQR: RM 59
MAD: RM 59
RM 134 PSF 23.3%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 350,000

IQR: RM 22
MAD: RM 9
RM 290 PSF 1.9%

PSF Trends (2021-2025)

TMN FAJAR in Seberang Perai Selatan, Penang recorded 3 subsale transactions in 2021, with a median price of RM 266K and a median price per square foot (PSF) of RM 134.

This area contains both residential and commercial properties. View 2 residential properties or 13 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 266K, with most transactions falling within a stable range of RM 188K to RM 344K, and a typical market range of RM 215K to RM 318K.

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 134, though individual units vary from RM 60 to RM 208 in the core range. The broader market spans RM 56.13 to RM 211.88, indicating diverse property characteristics. A wider spread (IQR: RM 155.75) and deviation (MAD: RM 74) indicate significant PSF variations, likely due to diverse property types or conditions.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TMN FAJAR, Seberang Perai Selatan, Penang

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Transactions

3 properties grouped by size

1,200 sqft
2 units
RM 350,000
Double Storey Shop LORONG FAJAR 1
1,206 sqft · RM 290.00 PSF
Nov 2021
RM 160,000
Single Storey Terraced JALAN FAJAR
1,195 sqft · RM 134.00 PSF
Aug 2021
2,000 sqft
1 units Single Storey Semi-D
RM 266,000
JALAN FAJAR 3
2,002 sqft · RM 133.00 PSF
Dec 2021