Area Intelligence

TMN KIMSAR

6 properties
2022
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Median Price
RM 340,000
PSF: RM 217

Residential Market

Median Price

RM 340,000

IQR: RM 70
MAD: RM 39
RM 217 PSF 22.6%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 628,000

IQR: RM 80
MAD: RM 16
RM 384 PSF

PSF Trends (2021-2025)

TMN KIMSAR in Seberang Perai Tengah, Penang recorded 6 subsale transactions in 2022, with a median price of RM 340K and a median price per square foot (PSF) of RM 217.

This area contains both residential and commercial properties. View 19 residential properties or 3 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 340K, with most transactions falling within a stable range of RM 280K to RM 410K, and a typical market range of RM 280K to RM 423K.

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

The median PSF stands at RM 217, with core pricing between RM 183 and RM 250. Market pricing typically extends from RM 174.38 to RM 258.63, reflecting moderate variation in unit pricing. The spread of RM 84.25 (IQR) and deviation of RM 33 (MAD) suggest moderate price variations reflecting different property features.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TMN KIMSAR, Seberang Perai Tengah, Penang

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Transactions

6 properties grouped by size

1,400 sqft
4 units Single Storey Terraced
RM 280,000
TINGKAT BAWAL 4
1,421 sqft · RM 197.00 PSF
Sep 2022
RM 330,000
LORONG BAWAL 5
1,399 sqft · RM 236.00 PSF
Aug 2022
RM 350,000
LORONG BAWAL 1
1,399 sqft · RM 250.00 PSF
May 2022
RM 330,000
TINGKAT BAWAL 2
1,399 sqft · RM 236.00 PSF
Mar 2022
2,600 sqft
2 units Single Storey Terraced
RM 400,000
LORONG BAWAL 1
2,605 sqft · RM 154.00 PSF
Oct 2022
RM 500,000
LORONG BAWAL 1
2,605 sqft · RM 192.00 PSF
Jul 2022