Area Intelligence

TMN PENAGA

8 properties
2021
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Median Price
RM 200,000
PSF: RM 181

Residential Market

Median Price

RM 200,000

IQR: RM 40
MAD: RM 20
RM 181 PSF 2.6%

PSF Trends (2021-2025)

TMN PENAGA in Seberang Perai Utara, Penang recorded 8 subsale transactions in 2021, with a median price of RM 200K and a median price per square foot (PSF) of RM 181.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 200K, with most transactions falling within a stable range of RM 138K to RM 262K, and a typical market range of RM 153K to RM 247K.

Most transactions involved 1 - 1 1/2 storey terraced, with moderate diversity in property types available.

The median PSF stands at RM 181, with core pricing between RM 147 and RM 214. Market pricing typically extends from RM 152.25 to RM 208.75, reflecting moderate variation in unit pricing. The spread of RM 56.50 (IQR) and deviation of RM 34 (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 PENAGA, Seberang Perai Utara, Penang

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Transactions

8 properties found

Single Storey Semi-D LORONG PENAGA 28
RM 320,000
2,626 sqft Dec 2021
RM 122.00 PSF
Single Storey Terraced LORONG PENAGA 2
RM 210,000
1,098 sqft Dec 2021
RM 191.00 PSF
Single Storey Terraced LORONG PENAGA 12
RM 250,000
1,098 sqft Dec 2021
RM 228.00 PSF
Low-Cost House LORONG PENAGA 7
RM 190,000
1,001 sqft Nov 2021
RM 190.00 PSF
Single Storey Terraced LORONG PENAGA 30
RM 300,000
1,442 sqft Aug 2021
RM 208.00 PSF
Low-Cost House LORONG PENAGA 9
RM 175,000
1,023 sqft May 2021
RM 171.00 PSF
Low-Cost House LRG PENAGA 27
RM 160,000
1,001 sqft Mar 2021
RM 160.00 PSF
Low-Cost House LORONG PENAGA 17
RM 135,000
1,001 sqft Jan 2021
RM 135.00 PSF