Area Intelligence

TMN PERAI UTAMA

15 properties
2024
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Median Price
RM 280,000
PSF: RM 334

Residential Market

Median Price

RM 280,000

IQR: RM 63
MAD: RM 30
RM 334 PSF 9.1%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TMN PERAI UTAMA in Seberang Perai Tengah, Penang recorded 15 subsale transactions in 2024, with a median price of RM 280K and a median price per square foot (PSF) of RM 334.

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 280K, with most transactions falling within a stable range of RM 230K to RM 368K, and a typical market range of RM 252K to RM 309K.

Most transactions involved condominium/apartment, though some variety exists in the market.

The median PSF stands at RM 334, with core pricing between RM 298 and RM 370. Market pricing typically extends from RM 302.50 to RM 365.50, reflecting moderate variation in unit pricing. With an IQR of RM 63.00 and MAD of RM 36, 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. 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 PERAI UTAMA, Seberang Perai Tengah, Penang

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Transactions

15 properties grouped by size

750 sqft
4 units Condo/Apartment
RM 300,000
753 sqft · RM 398.00 PSF
Nov 2024
RM 245,000
753 sqft · RM 325.00 PSF
Sep 2024
RM 260,000
753 sqft · RM 345.00 PSF
Mar 2024
RM 230,000
753 sqft · RM 305.00 PSF
Feb 2024
800 sqft
2 units Condo/Apartment
RM 270,000
807 sqft · RM 334.00 PSF
Sep 2024
RM 250,000
807 sqft · RM 310.00 PSF
Jan 2024
850 sqft
4 units Condo/Apartment
RM 280,000
861 sqft · RM 325.00 PSF
Sep 2024
RM 290,000
861 sqft · RM 337.00 PSF
May 2024
RM 330,000
861 sqft · RM 383.00 PSF
Apr 2024
RM 320,000
861 sqft · RM 372.00 PSF
Mar 2024
950 sqft
1 units Condo/Apartment
RM 265,000
926 sqft · RM 286.00 PSF
Jun 2024
1,050 sqft
1 units Condo/Apartment
RM 270,000
1,055 sqft · RM 256.00 PSF
Feb 2024
1,400 sqft
3 units Double Storey Terraced
RM 500,000
LORONG PRAI UTAMA 5
1,399 sqft · RM 357.00 PSF
Jul 2024
RM 495,000
LORONG PRAI UTAMA 6
1,399 sqft · RM 354.00 PSF
Mar 2024
RM 460,000
LRG PERAI UTAMA 6
1,399 sqft · RM 329.00 PSF
Mar 2024