TMN SRI MENERONG

TMN SRI MENERONG in Seberang Perai Utara, Penang recorded 5 subsale transactions in 2022, with a median price of RM 185K and a median price per square foot (PSF) of RM 185.

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 185K, with most transactions falling within a stable range of RM 173K to RM 197K, and a typical market range of RM 170K to RM 200K.

Most transactions involved low-cost house, with minimal variety in property types.

For price per square foot, the median is RM 185, with most transactions between RM 173 and RM 197. The usual range is RM 159.63 to RM 210.38, showing that most units are priced quite close to each other. With an IQR of RM 50.75 and MAD of RM 12, 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.