Area Intelligence

TMN RATNA

2 properties
Double Storey Shop
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Median Price
RM 650,000
PSF: RM 465

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 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 2 Double Storey Shop properties subsale transactions between 2021 and 2025 for double storey shop properties, with a median price of RM 650K and a median price per square foot (PSF) of RM 465.

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 650K, with most transactions falling within a stable range of RM 610K to RM 690K, and a typical market range of RM 610K to RM 690K.

Within the Double Storey Shop category, flats dominated the market, with high diversity across multiple property types.

For price per square foot, the median is RM 465, with most transactions between RM 436 and RM 493. The usual range is RM 393.50 to RM 535.50, showing that most units are priced quite close to each other. With an IQR of RM 142.00 and MAD of RM 29, the PSF demonstrates reasonable consistency across the market.

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.

Area Location

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TMN RATNA, Seberang Perai Utara, Penang

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Transactions

2 properties grouped by size

1,400 sqft
2 units Double Storey Shop
RM 690,000
JALAN TELOK AIR TAWAR
1,399 sqft · RM 493.00 PSF
Aug 2024
RM 610,000
JALAN TELUK AIR TAWAR
1,399 sqft · RM 436.00 PSF
Jan 2023