Area Intelligence

TMN RATNA

4 properties
2022
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Median Price
RM 317,500
PSF: RM 206

Residential Market

Median Price

RM 317,500

IQR: RM 136
MAD: RM 93
RM 206 PSF 19.9%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 650,000

IQR: RM 29
MAD: RM 29
RM 465 PSF 13.1%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TMN RATNA in Seberang Perai Utara, Penang recorded 4 subsale transactions in 2022, with a median price of RM 318K and a median price per square foot (PSF) of RM 206.

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 318K, with most transactions falling within a stable range of RM 95K to RM 540K, and a typical market range of RM 105K to RM 530K.

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

Price per square foot shows a median of RM 206, though individual units vary from RM 112 to RM 300 in the core range. The broader market spans RM 135.00 to RM 277.00, indicating diverse property characteristics. A wider spread (IQR: RM 142.00) and deviation (MAD: RM 94) 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

4 properties grouped by size

850 sqft
1 units Flat
RM 60,000
839 sqft · RM 72.00 PSF
Nov 2022
900 sqft
1 units Flat
RM 120,000
915 sqft · RM 131.00 PSF
Jun 2022
1,850 sqft
1 units Double Storey Terraced
RM 515,000
JALAN NAKHODA
1,830 sqft · RM 281.00 PSF
Apr 2022
1,900 sqft
1 units Double Storey Terraced
RM 550,000
JALAN NAKHODA
1,905 sqft · RM 289.00 PSF
Nov 2022