Area Intelligence

TMN TELOK AIR TAWAR

2 properties
2021
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Median Price
RM 510,000
PSF: RM 250

Residential Market

Median Price

RM 510,000

IQR: RM 84
MAD: RM 39
RM 250 PSF 14.9%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TMN TELOK AIR TAWAR in Seberang Perai Utara, Penang recorded 2 subsale transactions in 2021, with a median price of RM 510K and a median price per square foot (PSF) of RM 250.

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 510K, with most transactions falling within a stable range of RM 470K to RM 550K, and a typical market range of RM 483K to RM 538K.

Most transactions involved 2 - 2 1/2 storey terraced, though some variety exists in the market.

The median PSF stands at RM 250, with core pricing between RM 207 and RM 293. Market pricing typically extends from RM 208.00 to RM 292.00, reflecting moderate variation in unit pricing. The spread of RM 84.00 (IQR) and deviation of RM 43 (MAD) suggest moderate price variations reflecting different property features.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TMN TELOK AIR TAWAR, Seberang Perai Utara, Penang

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Transactions

2 properties grouped by size

1,600 sqft
1 units Double Storey Terraced
RM 470,000
PERSIRAN NAKHODA
1,604 sqft · RM 293.00 PSF
Dec 2021
2,650 sqft
1 units Double Storey Semi-D
RM 550,000
LEBUH NAKHODA
2,659 sqft · RM 207.00 PSF
Nov 2021