TMN SRI PINANG (SPU)

TMN SRI PINANG (SPU) in Seberang Perai Utara, Penang recorded 10 subsale transactions in 2024, with a median price of RM 233K and a median price per square foot (PSF) of RM 286.

This area contains both residential and commercial properties. View 40 residential properties or 3 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 233K, with most transactions falling within a stable range of RM 170K to RM 425K, and a typical market range of RM 191K to RM 274K.

Most transactions involved condominium/apartment, with high diversity across multiple property types.

Price per square foot shows a median of RM 286, though individual units vary from RM 189 to RM 383 in the core range. The broader market spans RM 243.75 to RM 328.25, indicating diverse property characteristics. A wider spread (IQR: RM 84.50) and deviation (MAD: RM 97) 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. Limited transaction history suggests carefully evaluating comparable sales data.