Area Intelligence

TMN SERUMPUN

5 properties
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Median Price
RM 480,000
PSF: RM 324

Residential Market

Median Price

RM 480,000

IQR: RM 164
MAD: RM 110
RM 324 PSF 17.5%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TMN SERUMPUN in Seberang Perai Tengah, Penang recorded 5 subsale transactions between 2021 and 2025, with a median price of RM 480K and a median price per square foot (PSF) of RM 324.

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 480K, with most transactions falling within a stable range of RM 390K to RM 570K, and a typical market range of RM 427K to RM 534K.

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

Price per square foot shows a median of RM 324, though individual units vary from RM 214 to RM 434 in the core range. The broader market spans RM 242.00 to RM 406.00, indicating diverse property characteristics. A wider spread (IQR: RM 164.00) and deviation (MAD: RM 110) 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TMN SERUMPUN, Seberang Perai Tengah, Penang

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Transactions

5 properties found

Double Storey Semi-D JALAN LOBAK 1
RM 480,000
2,239 sqft Jun 2024
RM 214.00 PSF
Double Storey Terraced JALAN SELASIH 1
RM 640,000
1,432 sqft Apr 2024
RM 447.00 PSF
Double Storey Terraced LORONG LOBAK 3
RM 468,000
1,238 sqft Feb 2023
RM 378.00 PSF
Double Storey Terraced JALAN LOBAK
RM 390,000
1,206 sqft Jul 2022
RM 324.00 PSF
Double Storey Semi-D JALAN LOBAK 1
RM 575,000
3,714 sqft Mar 2022
RM 155.00 PSF