Area Intelligence

TMN SRI PINANG (SPU)

19 properties
Condo/Apartment
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Median Price
RM 190,000
PSF: RM 229

Residential Market

Median Price

RM 190,000

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

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 510,000

IQR: RM 137
MAD: RM 65
RM 364 PSF 25.1%

PSF Trends (2021-2025)

TMN SRI PINANG (SPU) in Seberang Perai Utara, Penang recorded 19 Condo/Apartment properties subsale transactions between 2021 and 2025 for condo/apartment properties, with a median price of RM 190K and a median price per square foot (PSF) of RM 229.

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 190K, with most transactions falling within a stable range of RM 154K to RM 226K, and a typical market range of RM 148K to RM 232K.

Within the Condo/Apartment category, condominium/apartment dominated the market, with high diversity across multiple property types.

The median PSF stands at RM 229, with core pricing between RM 192 and RM 266. Market pricing typically extends from RM 186.75 to RM 271.25, reflecting moderate variation in unit pricing. The spread of RM 84.50 (IQR) and deviation of RM 37 (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. Some price volatility exists, making thorough market research essential before transacting. 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

19 properties grouped by size

600 sqft
2 units Condo/Apartment
RM 90,000
603 sqft · RM 149.00 PSF
Aug 2023
RM 150,000
603 sqft · RM 249.00 PSF
May 2023
800 sqft
3 units Condo/Apartment
RM 175,000
807 sqft · RM 217.00 PSF
Feb 2024
RM 200,000
807 sqft · RM 248.00 PSF
Sep 2023
RM 190,000
807 sqft · RM 235.00 PSF
May 2023
850 sqft
14 units (showing 6) Condo/Apartment
RM 175,000
829 sqft · RM 211.00 PSF
Sep 2024
RM 245,000
829 sqft · RM 296.00 PSF
Sep 2024
RM 240,000
829 sqft · RM 290.00 PSF
Aug 2024
RM 225,000
829 sqft · RM 271.00 PSF
May 2024
RM 220,000
829 sqft · RM 265.00 PSF
Feb 2024
RM 160,000
829 sqft · RM 193.00 PSF
Oct 2023