TMN PENAGA
Residential Market
Median Price
RM 250,000
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 9 subsale transactions in 2024, with a median price of RM 250K and a median price per square foot (PSF) of RM 205.
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 250K, with most transactions falling within a stable range of RM 200K to RM 325K, and a typical market range of RM 203K to RM 297K.
Most transactions involved 1 - 1 1/2 storey terraced, with moderate diversity in property types available.
Price per square foot shows a median of RM 205, though individual units vary from RM 163 to RM 247 in the core range. The broader market spans RM 176.75 to RM 233.25, indicating diverse property characteristics. The spread of RM 56.50 (IQR) and deviation of RM 42 (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
9 properties grouped by size
| Road | Price | PSF | Size | Date | Type |
|---|
|
LORONG PENAGA 29
|
RM 200,000
|
RM 200.00
|
1,001 sqft
|
Oct 2024
|
|
|
LORONG PENAGA 21
|
RM 245,000
|
RM 245.00
|
1,001 sqft
|
Apr 2024
|
|
|
LORONG PENAGA 23
|
RM 250,000
|
RM 250.00
|
1,001 sqft
|
Mar 2024
|
|
LORONG PENAGA 4
|
RM 250,000
|
RM 228.00
|
1,098 sqft
|
Sep 2024
|
|
|
LORONG PENAGA 9
|
RM 220,000
|
RM 202.00
|
1,087 sqft
|
Aug 2024
|
|
|
LORONG PENAGA 12
|
RM 225,000
|
RM 205.00
|
1,098 sqft
|
May 2024
|
|
LORONG PENAGA 1
|
RM 350,000
|
RM 269.00
|
1,302 sqft
|
Aug 2024
|
|
LRG PENAGA 7
|
RM 310,000
|
RM 161.00
|
1,927 sqft
|
Aug 2024
|
|
LORONG PENAGA 30
|
RM 450,000
|
RM 129.00
|
3,498 sqft
|
Mar 2024
|