Area Intelligence

TMN CERMAI

4 properties
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Median Price
RM 487,000
PSF: RM 408

Residential Market

Median Price

RM 499,000

IQR: RM 19
MAD: RM 17
RM 418 PSF 6.6%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 325,000

RM 232 PSF

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TMN CERMAI in Seberang Perai Tengah, Penang recorded 4 subsale transactions between 2021 and 2025, with a median price of RM 487K and a median price per square foot (PSF) of RM 408.

This area contains both residential and commercial properties. View 3 residential properties or 1 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 487K, with most transactions falling within a stable range of RM 465K to RM 510K, and a typical market range of RM 454K to RM 520K.

Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.

For price per square foot, the median is RM 408, with most transactions between RM 390 and RM 427. The usual range is RM 375.13 to RM 440.88, showing that most units are priced quite close to each other. With an IQR of RM 65.75 and MAD of RM 19, 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.

Area Location

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TMN CERMAI, Seberang Perai Tengah, Penang

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Transactions

4 properties found

Double Storey Shop LORONG CERMAI 1
RM 325,000
1,399 sqft Jan 2025
RM 232.00 PSF
Double Storey Terraced LORONG CERMAI 7
RM 520,000
1,195 sqft Dec 2023
RM 435.00 PSF
Double Storey Terraced LRG CERMAI 5
RM 499,000
1,195 sqft Aug 2022
RM 418.00 PSF
Double Storey Terraced LRG CERMAI 5
RM 475,000
1,195 sqft Feb 2022
RM 398.00 PSF