Area Intelligence

TMN DESA MURNI

2 properties
2021
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Median Price
RM 625,000
PSF: RM 293

Residential Market

Median Price

RM 625,000

IQR: RM 105
MAD: RM 7
RM 293 PSF 21.0%

PSF Trends (2021-2025)

TMN DESA MURNI in Seberang Perai Utara, Penang recorded 2 subsale transactions in 2021, with a median price of RM 625K and a median price per square foot (PSF) of RM 293.

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 625K, with most transactions falling within a stable range of RM 550K to RM 700K, and a typical market range of RM 580K to RM 670K.

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

Price per square foot shows a median of RM 293, though individual units vary from RM 164 to RM 422 in the core range. The broader market spans RM 240.50 to RM 345.50, indicating diverse property characteristics. A wider spread (IQR: RM 105.00) and deviation (MAD: RM 129) indicate significant PSF variations, likely due to diverse property types or conditions.

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.

Area Location

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TMN DESA MURNI, Seberang Perai Utara, Penang

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Transactions

2 properties found

Double Storey Semi-D LENGKOK MURNI
RM 700,000
4,273 sqft Dec 2021
RM 164.00 PSF
Double Storey Terraced PERSIARAN MURNI
RM 550,000
1,302 sqft Dec 2021
RM 422.00 PSF