Area Intelligence

TMN PANDAN

5 properties
2023
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Median Price
RM 260,000
PSF: RM 283

Residential Market

Median Price

RM 260,000

IQR: RM 60
MAD: RM 29
RM 283 PSF 0.9%

PSF Trends (2021-2025)

TMN PANDAN in Seberang Perai Utara, Penang recorded 5 subsale transactions in 2023, with a median price of RM 260K and a median price per square foot (PSF) of RM 283.

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 260K, with most transactions falling within a stable range of RM 173K to RM 290K, and a typical market range of RM 231K to RM 289K.

Most transactions involved condominium/apartment, with moderate diversity in property types available.

The median PSF stands at RM 283, with core pricing between RM 233 and RM 333. Market pricing typically extends from RM 253.13 to RM 312.88, reflecting moderate variation in unit pricing. The spread of RM 59.75 (IQR) and deviation of RM 50 (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. 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 PANDAN, Seberang Perai Utara, Penang

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Transactions

5 properties grouped by size

450 sqft
2 units Low-Cost Flat
RM 75,000
452 sqft · RM 166.00 PSF
Dec 2023
RM 128,000
452 sqft · RM 283.00 PSF
Jul 2023
950 sqft
3 units Condo/Apartment
RM 273,000
936 sqft · RM 292.00 PSF
Sep 2023
RM 290,000
947 sqft · RM 306.00 PSF
Jul 2023
RM 260,000
936 sqft · RM 278.00 PSF
Mar 2023