TMN PENAGA
Residential Market
Median Price
RM 200,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Single Storey Terraced
22 properties
Median Price
RM 237,500
-6.5% CAGR
Median PSF
RM 202.50
+0.9% CAGR
Low-Cost House
15 properties
Median Price
RM 183,750
+13.9% CAGR
Median PSF
RM 182.75
+10.4% CAGR
Single Storey Semi-D
9 properties
Median Price
RM 345,000
+2.4% CAGR
Median PSF
RM 118.25
+6.9% CAGR
Double Storey Semi-D
2 properties
Median Price
RM 465,000
-3.2% CAGR
Median PSF
RM 158.50
-17.2% CAGR
Double Storey Shop
2 properties
Median Price
RM 525,000
+4.9% CAGR
Median PSF
RM 300.00
+3.4% CAGR
Detached
2 properties
Median Price
RM 486,500
+9.2% CAGR
Median PSF
RM 87.50
+8.3% CAGR
Double Storey Terraced
1 properties
Median Price
RM 310,000
Median PSF
RM 222.00
| Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
|---|---|---|---|---|---|---|
| Single Storey Terraced | 22 |
RM 237,500
±10K MAD
|
-6.47% |
RM 202.50
±3 MAD
|
+0.91% | |
| Low-Cost House | 15 |
RM 183,750
±24K MAD
|
+13.90% |
RM 182.75
±24 MAD
|
+10.37% | |
| Single Storey Semi-D | 9 |
RM 345,000
±13K MAD
|
+2.39% |
RM 118.25
±13 MAD
|
+6.87% | |
| Double Storey Semi-D | 2 |
RM 465,000
±15K MAD
|
-3.18% |
RM 158.50
±30 MAD
|
-17.16% | |
| Double Storey Shop | 2 |
RM 525,000
±25K MAD
|
+4.88% |
RM 300.00
±10 MAD
|
+3.39% | |
| Detached | 2 |
RM 486,500
±22K MAD
|
+9.25% |
RM 87.50
±4 MAD
|
+8.33% | |
| Double Storey Terraced | 1 |
RM 310,000
|
- |
RM 222.00
|
- |
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.
Filter by type, year, price, and size
Transactions
8 properties grouped by size
| Road | Price | PSF | Size | Date | Type |
|---|
|
LORONG PENAGA 7
|
RM 190,000
|
RM 190.00
|
1,001 sqft
|
Nov 2021
|
|
|
LORONG PENAGA 9
|
RM 175,000
|
RM 171.00
|
1,023 sqft
|
May 2021
|
|
|
LRG PENAGA 27
|
RM 160,000
|
RM 160.00
|
1,001 sqft
|
Mar 2021
|
|
|
LORONG PENAGA 17
|
RM 135,000
|
RM 135.00
|
1,001 sqft
|
Jan 2021
|
|
LORONG PENAGA 2
|
RM 210,000
|
RM 191.00
|
1,098 sqft
|
Dec 2021
|
|
|
LORONG PENAGA 12
|
RM 250,000
|
RM 228.00
|
1,098 sqft
|
Dec 2021
|
|
LORONG PENAGA 30
|
RM 300,000
|
RM 208.00
|
1,442 sqft
|
Aug 2021
|
|
LORONG PENAGA 28
|
RM 320,000
|
RM 122.00
|
2,626 sqft
|
Dec 2021
|