Area Intelligence

TMN RATNA

8 properties
2023
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Median Price
RM 295,000
PSF: RM 199

Residential Market

Median Price

RM 140,000

IQR: RM 136
MAD: RM 93
RM 165 PSF 19.9%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 610,000

IQR: RM 29
MAD: RM 29
RM 436 PSF 13.1%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TMN RATNA in Seberang Perai Utara, Penang recorded 8 subsale transactions in 2023, with a median price of RM 295K and a median price per square foot (PSF) of RM 199.

This area contains both residential and commercial properties. View 11 residential properties or 2 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 295K, with most transactions falling within a stable range of RM 77K to RM 513K, and a typical market range of RM 83K to RM 508K.

Most transactions involved flats, with high diversity across multiple property types.

Price per square foot shows a median of RM 199, though individual units vary from RM 90 to RM 308 in the core range. The broader market spans RM 128.00 to RM 270.00, indicating diverse property characteristics. A wider spread (IQR: RM 142.00) and deviation (MAD: RM 109) indicate significant PSF variations, likely due to diverse property types or conditions.

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.

Area Location

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TMN RATNA, Seberang Perai Utara, Penang

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Transactions

8 properties found

Double Storey Semi-D JALAN LEBUH NAKHODA
RM 595,000
2,551 sqft Oct 2023
RM 233.00 PSF
Flat
RM 125,000
848 sqft Oct 2023
RM 147.00 PSF
Flat
RM 135,000
848 sqft Oct 2023
RM 159.00 PSF
Flat
RM 140,000
848 sqft Oct 2023
RM 165.00 PSF
Double Storey Terraced JLN NAKHODA
RM 500,000
1,862 sqft May 2023
RM 269.00 PSF
Double Storey Terraced LORONG NAKHODA 2
RM 450,000
1,378 sqft Mar 2023
RM 327.00 PSF
Double Storey Shop JALAN TELUK AIR TAWAR
RM 610,000
1,399 sqft Jan 2023
RM 436.00 PSF
Flat
RM 60,000
839 sqft Jan 2023
RM 72.00 PSF