TMN NIRWANA
Residential Market
Median Price
RM 419,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Single Storey Terraced
27 properties
Median Price
RM 396,250
-3.6% CAGR
Median PSF
RM 282.50
+15.3% CAGR
Condo/Apartment
27 properties
Median Price
RM 390,000
+1.7% CAGR
Median PSF
RM 332.75
+5.1% CAGR
Double Storey Terraced
22 properties
Median Price
RM 547,500
+12.1% CAGR
Median PSF
RM 442.50
+6.0% CAGR
Service Apartment
15 properties
Median Price
RM 764,250
-3.6% CAGR
Median PSF
RM 593.00
-6.8% CAGR
Low-Cost Flat
11 properties
Median Price
RM 150,000
Median PSF
RM 249.00
3-Storey Storey Shop
3 properties
Median Price
RM 1,850,000
Median PSF
RM 1,104.00
Low-Cost House
3 properties
Median Price
RM 510,000
-35.5% CAGR
Median PSF
RM 414.00
-4.7% CAGR
Shop/Retail Lot
3 properties
Median Price
RM 220,000
+6.6% CAGR
Median PSF
RM 365.00
+6.6% CAGR
Single Storey Semi-D
1 properties
Median Price
RM 430,000
Median PSF
RM 76.00
| Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
|---|---|---|---|---|---|---|
| Single Storey Terraced | 27 |
RM 396,250
±13K MAD
|
-3.59% |
RM 282.50
±19 MAD
|
+15.30% | |
| Condo/Apartment | 27 |
RM 390,000
±13K MAD
|
+1.72% |
RM 332.75
±24 MAD
|
+5.08% | |
| Double Storey Terraced | 22 |
RM 547,500
±38K MAD
|
+12.14% |
RM 442.50
±22 MAD
|
+5.97% | |
| Service Apartment | 15 |
RM 764,250
±13K MAD
|
-3.63% |
RM 593.00
±37 MAD
|
-6.77% | |
| Low-Cost Flat | 11 |
RM 150,000
|
- |
RM 249.00
|
- | |
| 3-Storey Storey Shop | 3 |
RM 1,850,000
|
- |
RM 1,104.00
|
- | |
| Low-Cost House | 3 |
RM 510,000
±110K MAD
|
-35.48% |
RM 414.00
±10 MAD
|
-4.72% | |
| Shop/Retail Lot | 3 |
RM 220,000
|
+6.60% |
RM 365.00
|
+6.63% | |
| Single Storey Semi-D | 1 |
RM 430,000
|
- |
RM 76.00
|
- |
TMN NIRWANA in Seberang Perai Tengah, Penang recorded 4 subsale transactions in 2021, with a median price of RM 419K and a median price per square foot (PSF) of RM 250.
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 419K, with most transactions falling within a stable range of RM 372K to RM 450K, and a typical market range of RM 354K to RM 450K.
Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.
Price per square foot shows a median of RM 250, though individual units vary from RM 161 to RM 339 in the core range. The broader market spans RM 201.75 to RM 298.25, indicating diverse property characteristics. A wider spread (IQR: RM 96.50) and deviation (MAD: RM 89) indicate significant PSF variations, likely due to diverse property types or conditions.
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.
Filter by type, year, price, and size
Transactions
4 properties grouped by size
| Road | Price | PSF | Size | Date | Type |
|---|
|
LRG NIRWANA 6
|
RM 330,000
|
RM 301.00
|
1,098 sqft
|
Dec 2021
|
|
|
LRG NIRWANA 11
|
RM 450,000
|
RM 410.00
|
1,098 sqft
|
Dec 2021
|
|
LORONG NIRWANA 1
|
RM 400,000
|
RM 192.00
|
2,088 sqft
|
Dec 2021
|
|
LORONG NIRWANA 8
|
RM 438,000
|
RM 199.00
|
2,196 sqft
|
Dec 2021
|