TMN PENAGA
Residential Market
Median Price
RM 230,000
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 12 subsale transactions in 2022, with a median price of RM 230K and a median price per square foot (PSF) of RM 194.
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 230K, with most transactions falling within a stable range of RM 168K to RM 292K, and a typical market range of RM 183K to RM 277K.
Most transactions involved 1 - 1 1/2 storey terraced, with moderate diversity in property types available.
The median PSF stands at RM 194, with core pricing between RM 160 and RM 227. Market pricing typically extends from RM 165.25 to RM 221.75, 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
12 properties grouped by size
| Road | Price | PSF | Size | Date | Type |
|---|
|
LORONG PENAGA 27
|
RM 153,000
|
RM 153.00
|
1,001 sqft
|
May 2022
|
|
|
LORONG PENAGA 3
|
RM 150,000
|
RM 150.00
|
1,001 sqft
|
Feb 2022
|
|
LORONG PENAGA 4
|
RM 220,000
|
RM 200.00
|
1,098 sqft
|
Oct 2022
|
|
|
LORONG PENAGA 22
|
RM 220,000
|
RM 200.00
|
1,098 sqft
|
Oct 2022
|
|
|
LORONG PENAGA 6
|
RM 240,000
|
RM 219.00
|
1,098 sqft
|
Aug 2022
|
|
|
LORONG PENAGA 4
|
RM 220,000
|
RM 200.00
|
1,098 sqft
|
May 2022
|
|
|
LORONG PENAGA 6
|
RM 170,000
|
RM 155.00
|
1,098 sqft
|
Mar 2022
|
|
LORONG PENAGA 24
|
RM 290,000
|
RM 223.00
|
1,302 sqft
|
Oct 2022
|
|
LORONG PENAGA 2
|
RM 296,000
|
RM 192.00
|
1,539 sqft
|
Apr 2022
|
|
|
LORONG PENAGA 16
|
RM 300,000
|
RM 195.00
|
1,539 sqft
|
Feb 2022
|
|
LORONG PENAGA 30
|
RM 350,000
|
RM 133.00
|
2,626 sqft
|
Jun 2022
|
|
|
LORONG PENAGA 24
|
RM 300,000
|
RM 114.00
|
2,626 sqft
|
Jan 2022
|