TMN NIRWANA
Residential Market
Median Price
RM 327,500
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 6 subsale transactions in 2022, with a median price of RM 328K and a median price per square foot (PSF) of RM 287.
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 328K, with most transactions falling within a stable range of RM 300K to RM 404K, and a typical market range of RM 300K to RM 392K.
Most transactions involved 1 - 1 1/2 storey terraced, though some variety exists in the market.
The median PSF stands at RM 287, with core pricing between RM 239 and RM 334. Market pricing typically extends from RM 238.25 to RM 334.75, reflecting moderate variation in unit pricing. The spread of RM 96.50 (IQR) and deviation of RM 48 (MAD) suggest moderate price variations reflecting different property features.
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.
Filter by type, year, price, and size
Transactions
6 properties grouped by size
| Road | Price | PSF | Size | Date | Type |
|---|
|
LRG NIRWANA 6
|
RM 445,000
|
RM 405.00
|
1,098 sqft
|
Dec 2022
|
Double Storey Terraced |
|
LRG NIRWANA 4
|
RM 310,000
|
RM 282.00
|
1,098 sqft
|
Oct 2022
|
Single Storey Terraced |
|
LORONG NIRWANA 13
|
RM 335,000
|
RM 305.00
|
1,100 sqft
|
Apr 2022
|
Single Storey Terraced |
|
LRG NIRWANA 4
|
RM 300,000
|
RM 273.00
|
1,098 sqft
|
Apr 2022
|
Single Storey Terraced |
|
LORONG NIRWANA 1
|
RM 320,000
|
RM 291.00
|
1,098 sqft
|
Mar 2022
|
Single Storey Terraced |
|
LRG NIRWANA 12
|
RM 500,000
|
RM 262.00
|
1,905 sqft
|
Sep 2022
|