TMN KELASAH

TMN KELASAH in Seberang Perai Tengah, Penang recorded 5 subsale transactions in 2023, with a median price of RM 840K and a median price per square foot (PSF) of RM 600.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 840K, with most transactions falling within a stable range of RM 784K to RM 840K, and a typical market range of RM 795K to RM 840K.

Most transactions involved 3 - 3 1/2 storey shop, with minimal variety in property types.

For price per square foot, the median is RM 600, with most transactions between RM 558 and RM 642. The usual range is RM 568.00 to RM 632.00, showing that most units are priced quite close to each other. With an IQR of RM 64.00 and MAD of RM 42, 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.