TMN SRI PINANG (SPU)

TMN SRI PINANG (SPU) in Seberang Perai Utara, Penang recorded 18 subsale transactions in 2023, with a median price of RM 153K and a median price per square foot (PSF) of RM 223.

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 153K, with most transactions falling within a stable range of RM 117K to RM 188K, and a typical market range of RM 111K to RM 194K.

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

The median PSF stands at RM 223, with core pricing between RM 186 and RM 259. Market pricing typically extends from RM 180.25 to RM 264.75, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.