Area Intelligence

TMN B

3 properties
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Median Price
RM 350,000
PSF: RM 292

Residential Market

Median Price

RM 350,000

IQR: RM 40
MAD: RM 39
RM 292 PSF

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TMN B in Seberang Perai Utara, Penang recorded 3 subsale transactions between 2021 and 2025, with a median price of RM 350K and a median price per square foot (PSF) of RM 292.

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 350K, with most transactions falling within a stable range of RM 320K to RM 380K, and a typical market range of RM 320K to RM 483K.

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

The median PSF stands at RM 292, with core pricing between RM 253 and RM 331. Market pricing typically extends from RM 272.00 to RM 312.00, reflecting moderate variation in unit pricing. With an IQR of RM 40.00 and MAD of RM 39, 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. 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 B, Seberang Perai Utara, Penang

OSM

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Transactions

3 properties grouped by size

1,200 sqft
1 units Single Storey Terraced
RM 350,000
LRG MELUR 14
1,199 sqft · RM 292.00 PSF
May 2022
1,250 sqft
1 units Single Storey Terraced
RM 320,000
LORONG MELUR 12
1,263 sqft · RM 253.00 PSF
Jul 2022
2,550 sqft
1 units Double Storey Semi-D
RM 850,000
LORONG MELUR 18
2,551 sqft · RM 333.00 PSF
May 2022