Area Intelligence

TMN TERATAI

2 properties
2024
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Median Price
RM 1,020,000
PSF: RM 409

Residential Market

Median Price

RM 1,020,000

IQR: RM 58
MAD: RM 49
RM 409 PSF 8.7%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TMN TERATAI in Seberang Perai Utara, Penang recorded 2 subsale transactions in 2024, with a median price of RM 1.02 million and a median price per square foot (PSF) of RM 409.

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 1.02 million, with most transactions falling within a stable range of RM 490K to RM 1.55 million, and a typical market range of RM 755K to RM 1.29 million.

Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.

For price per square foot, the median is RM 409, with most transactions between RM 376 and RM 442. The usual range is RM 380.25 to RM 437.75, showing that most units are priced quite close to each other. With an IQR of RM 57.50 and MAD of RM 33, the PSF demonstrates reasonable consistency across the market.

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 TERATAI, Seberang Perai Utara, Penang

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Transactions

2 properties found

Double Storey Terraced JLN TERATAI 1
RM 490,000
1,302 sqft Jul 2024
RM 376.00 PSF
Detached JLN KPG BARU
RM 1,550,000
3,509 sqft Jun 2024
RM 442.00 PSF