TMN TASEK RETHINA

TMN TASEK RETHINA in Seberang Perai Utara, Penang recorded 36 subsale transactions in 2022, with a median price of RM 48K and a median price per square foot (PSF) of RM 88.

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 48K, with most transactions falling within a stable range of RM 35K to RM 65K, and a typical market range of RM 35K to RM 62K.

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

Price per square foot shows a median of RM 88, though individual units vary from RM 57 to RM 119 in the core range. The broader market spans RM 62.50 to RM 113.50, indicating diverse property characteristics. A wider spread (IQR: RM 51.00) and deviation (MAD: RM 31) 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. Moderate transaction volume may require patience when buying or selling.