TMN SEMPADAN

TMN SEMPADAN in Seberang Perai Selatan, Penang recorded 7 subsale transactions in 2022, with a median price of RM 320K and a median price per square foot (PSF) of RM 207.

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 320K, with most transactions falling within a stable range of RM 230K to RM 416K, and a typical market range of RM 265K to RM 375K.

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

Price per square foot shows a median of RM 207, though individual units vary from RM 155 to RM 259 in the core range. The broader market spans RM 171.75 to RM 242.25, indicating diverse property characteristics. A wider spread (IQR: RM 70.50) and deviation (MAD: RM 52) 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.