TMN ILMU

TMN ILMU in Seberang Perai Selatan, Penang recorded 2 subsale transactions in 2023, with a median price of RM 333K and a median price per square foot (PSF) of RM 319.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 333K, with most transactions falling within a stable range of RM 315K to RM 350K, and a typical market range of RM 315K to RM 350K.

Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.

For price per square foot, the median is RM 319, with most transactions between RM 302 and RM 335. The usual range is RM 264.75 to RM 372.25, showing that most units are priced quite close to each other. With an IQR of RM 107.50 and MAD of RM 17, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.