TMN BELIMBING II

TMN BELIMBING II in Seberang Perai Tengah, Penang recorded 7 subsale transactions in 2024, with a median price of RM 150K and a median price per square foot (PSF) of RM 192.

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 150K, with most transactions falling within a stable range of RM 140K to RM 168K, and a typical market range of RM 140K to RM 165K.

Most transactions involved flats, with minimal variety in property types.

The median PSF stands at RM 192, with core pricing between RM 170 and RM 214. Market pricing typically extends from RM 170.25 to RM 213.75, reflecting moderate variation in unit pricing. With an IQR of RM 43.50 and MAD of RM 22, 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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.