Area Intelligence

TMN SERI MURNI

5 properties
2024
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Median Price
RM 400,000
PSF: RM 225

Residential Market

Median Price

RM 400,000

IQR: RM 181
MAD: RM 94
RM 225 PSF 8.7%

PSF Trends (2021-2025)

TMN SERI MURNI in Seberang Perai Utara, Penang recorded 5 subsale transactions in 2024, with a median price of RM 400K and a median price per square foot (PSF) of RM 225.

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 400K, with most transactions falling within a stable range of RM 239K to RM 500K, and a typical market range of RM 192K to RM 500K.

Most transactions involved 2 - 2 1/2 storey terraced, with moderate diversity in property types available.

Price per square foot shows a median of RM 225, though individual units vary from RM 140 to RM 310 in the core range. The broader market spans RM 134.63 to RM 315.38, indicating diverse property characteristics. A wider spread (IQR: RM 180.75) and deviation (MAD: RM 85) indicate significant PSF variations, likely due to diverse property types or conditions.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TMN SERI MURNI, Seberang Perai Utara, Penang

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Transactions

5 properties grouped by size

650 sqft
2 units Low-Cost Flat
RM 150,000
667 sqft · RM 225.00 PSF
Aug 2024
RM 128,000
667 sqft · RM 192.00 PSF
May 2024
1,300 sqft
1 units Double Storey Terraced
RM 478,000
LORONG SERI MURNI 12
1,302 sqft · RM 367.00 PSF
Apr 2024
1,400 sqft
1 units Double Storey Terraced
RM 500,000
LORONG SERI MURNI 7
1,399 sqft · RM 357.00 PSF
Feb 2024
2,450 sqft
1 units Single Storey Terraced
RM 400,000
LORONG SERI MURNI 9
2,454 sqft · RM 163.00 PSF
Jul 2024