Area Intelligence

TMN FAJAR

7 properties
2024
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Median Price
RM 300,000
PSF: RM 307

Residential Market

Median Price

RM 340,000

IQR: RM 59
MAD: RM 59
RM 221 PSF 23.3%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 300,000

IQR: RM 22
MAD: RM 9
RM 307 PSF 1.9%

PSF Trends (2021-2025)

TMN FAJAR in Seberang Perai Selatan, Penang recorded 7 subsale transactions in 2024, with a median price of RM 300K and a median price per square foot (PSF) of RM 307.

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 241K to RM 359K, 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.

The median PSF stands at RM 307, with core pricing between RM 262 and RM 352. Market pricing typically extends from RM 229.13 to RM 384.88, reflecting moderate variation in unit pricing. With an IQR of RM 155.75 and MAD of RM 45, the PSF demonstrates reasonable consistency across the market.

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

700 sqft
1 units Double Storey Shop
RM 241,000
JLN. PMTG. TOK MAHAT
721 sqft · RM 334.00 PSF
Sep 2024
850 sqft
1 units Double Storey Shop
RM 268,000
JALAN PERMATANG TOK MAHAT
872 sqft · RM 307.00 PSF
Jun 2024
1,100 sqft
1 units Double Storey Shop
RM 300,000
JALAN PERMATANG TOK MAHAT
1,119 sqft · RM 268.00 PSF
Aug 2024
1,200 sqft
1 units Single Storey Terraced
RM 300,000
JALAN FAJAR
1,195 sqft · RM 251.00 PSF
Oct 2024
1,250 sqft
1 units Double Storey Shop
RM 387,000
JALAN PERMATANG TOK MAHAT
1,259 sqft · RM 307.00 PSF
Jun 2024
1,300 sqft
1 units Double Storey Shop
RM 400,000
JALAN PERMATANG KLING
1,302 sqft · RM 307.00 PSF
Sep 2024
2,000 sqft
1 units Single Storey Semi-D
RM 380,000
LORONG FAJAR 3
2,002 sqft · RM 190.00 PSF
Mar 2024