Area Intelligence

TMN FAJAR

7 properties
2023
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Median Price
RM 300,000
PSF: RM 228

Residential Market

Median Price

RM 300,000

IQR: RM 59
MAD: RM 59
RM 147 PSF 23.3%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 288,000

IQR: RM 22
MAD: RM 9
RM 304 PSF 1.9%

PSF Trends (2021-2025)

TMN FAJAR in Seberang Perai Selatan, Penang recorded 7 subsale transactions in 2023, with a median price of RM 300K and a median price per square foot (PSF) of RM 228.

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 300K, with most transactions falling within a stable range of RM 227K to RM 373K, and a typical market range of RM 249K to RM 352K.

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 228, though individual units vary from RM 149 to RM 307 in the core range. The broader market spans RM 150.13 to RM 305.88, indicating diverse property characteristics. A wider spread (IQR: RM 155.75) and deviation (MAD: RM 79) 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

7 properties grouped by size

400 sqft
1 units 3-Storey Storey Shop
RM 124,000
PERMATANG KLING
409 sqft · RM 303.00 PSF
Nov 2023
1,000 sqft
1 units 3-Storey Storey Shop
RM 301,000
PERMATANG KELING
990 sqft · RM 304.00 PSF
Nov 2023
1,100 sqft
1 units 3-Storey Storey Shop
RM 377,000
JLN. PERMATANG KLING
1,076 sqft · RM 350.00 PSF
Jun 2023
1,200 sqft
1 units Double Storey Shop
RM 275,000
LORONG FAJAR 1
1,206 sqft · RM 228.00 PSF
May 2023
2,000 sqft
2 units Single Storey Semi-D
RM 295,000
LORONG FAJAR 2
2,013 sqft · RM 147.00 PSF
Aug 2023
RM 330,000
LORONG FAJAR 2
2,013 sqft · RM 164.00 PSF
Jul 2023
2,100 sqft
1 units Single Storey Semi-D
RM 300,000
LORONG FAJAR 1
2,099 sqft · RM 143.00 PSF
Sep 2023