Area Intelligence

TMN FAJAR

5 properties
2022
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Median Price
RM 380,000
PSF: RM 292

Residential Market

Median Price

RM 286,500

IQR: RM 59
MAD: RM 59
RM 140 PSF 23.3%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 440,000

IQR: RM 22
MAD: RM 9
RM 314 PSF 1.9%

PSF Trends (2021-2025)

TMN FAJAR in Seberang Perai Selatan, Penang recorded 5 subsale transactions in 2022, with a median price of RM 380K and a median price per square foot (PSF) of RM 292.

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 380K, with most transactions falling within a stable range of RM 280K to RM 536K, and a typical market range of RM 329K to RM 432K.

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 292, though individual units vary from RM 210 to RM 374 in the core range. The broader market spans RM 214.13 to RM 369.88, indicating diverse property characteristics. A wider spread (IQR: RM 155.75) and deviation (MAD: RM 82) 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

5 properties grouped by size

1,300 sqft
1 units Double Storey Shop
RM 380,000
JALAN PERMATANG KLING
1,302 sqft · RM 292.00 PSF
Sep 2022
1,400 sqft
1 units 3-Storey Storey Shop
RM 440,000
JALAN FAJAR
1,399 sqft · RM 314.00 PSF
Jun 2022
2,000 sqft
1 units Single Storey Semi-D
RM 280,000
LORONG FAJAR 3
2,002 sqft · RM 140.00 PSF
Apr 2022
2,100 sqft
1 units Single Storey Semi-D
RM 293,000
LORONG FAJAR 1
2,099 sqft · RM 140.00 PSF
Oct 2022
2,250 sqft
1 units 3-Storey Storey Shop
RM 710,000
JALAN FAJAR
2,250 sqft · RM 316.00 PSF
Jun 2022