Area Intelligence

TMN SRI PINANG (SPU)

16 properties
Low-Cost Flat
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Median Price
RM 130,000
PSF: RM 216

Residential Market

Median Price

RM 130,000

IQR: RM 69
MAD: RM 36
RM 216 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 16 Low-Cost Flat properties subsale transactions between 2021 and 2025 for low-cost flat properties, with a median price of RM 130K and a median price per square foot (PSF) of RM 216.

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 130K, with most transactions falling within a stable range of RM 107K to RM 153K, and a typical market range of RM 100K to RM 170K.

Within the Low-Cost Flat category, condominium/apartment dominated the market, with high diversity across multiple property types.

The median PSF stands at RM 216, with core pricing between RM 178 and RM 254. Market pricing typically extends from RM 173.75 to RM 258.25, reflecting moderate variation in unit pricing. The spread of RM 84.50 (IQR) and deviation of RM 38 (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. 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 SRI PINANG (SPU), Seberang Perai Utara, Penang

OSM

Transactions

16 properties grouped by size

600 sqft
16 units (showing 6) Low-Cost Flat
RM 170,000
603 sqft · RM 282.00 PSF
Feb 2024
RM 155,000
603 sqft · RM 257.00 PSF
Nov 2023
RM 130,000
603 sqft · RM 216.00 PSF
Nov 2023
RM 100,000
603 sqft · RM 166.00 PSF
Oct 2023
RM 130,000
603 sqft · RM 216.00 PSF
Jun 2023
RM 105,000
603 sqft · RM 174.00 PSF
Mar 2023