Area Intelligence

TMN SRI PINANG (SPU)

2 properties
Single Storey Shop
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Median Price
RM 464,000
PSF: RM 332

Residential Market

Median Price

RM 165,000

IQR: RM 69
MAD: RM 36
RM 229 PSF 7.9%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 464,000

IQR: RM 137
MAD: RM 65
RM 332 PSF 25.1%

PSF Trends (2021-2025)

TMN SRI PINANG (SPU) in Seberang Perai Utara, Penang recorded 2 Single Storey Shop properties subsale transactions between 2021 and 2025 for single storey shop properties, with a median price of RM 464K and a median price per square foot (PSF) of RM 332.

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 464K, with most transactions falling within a stable range of RM 418K to RM 510K, and a typical market range of RM 422K to RM 506K.

Within the Single Storey Shop category, condominium/apartment dominated the market, with high diversity across multiple property types.

For price per square foot, the median is RM 332, with most transactions between RM 299 and RM 364. The usual range is RM 289.25 to RM 373.75, showing that most units are priced quite close to each other. With an IQR of RM 84.50 and MAD of RM 33, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TMN SRI PINANG (SPU), Seberang Perai Utara, Penang

OSM

Transactions

2 properties grouped by size

1,400 sqft
2 units Single Storey Shop
RM 510,000
JLN SERI PINANG 1
1,399 sqft · RM 364.00 PSF
Jan 2024
RM 418,000
JLN SERI PINANG 1
1,399 sqft · RM 299.00 PSF
Oct 2022