TMN B
Residential Market
Median Price
RM 350,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Single Storey Terraced
11 properties
Median Price
RM 345,000
+5.3% CAGR
Median PSF
RM 278.00
+4.0% CAGR
Double Storey Semi-D
2 properties
Median Price
RM 784,000
-8.1% CAGR
Median PSF
RM 251.50
-28.6% CAGR
Low-Cost House
1 properties
Median Price
RM 320,000
Median PSF
RM 147.00
Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
---|---|---|---|---|---|---|
Single Storey Terraced | 11 |
RM 345,000
±10K MAD
|
+5.33% |
RM 278.00
±8 MAD
|
+4.01% | |
Double Storey Semi-D | 2 |
RM 784,000
±66K MAD
|
-8.09% |
RM 251.50
±82 MAD
|
-28.55% | |
Low-Cost House | 1 |
RM 320,000
|
- |
RM 147.00
|
- |
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.
Filter by type, year, price, and size
Transactions
3 properties grouped by size
Road | Price | PSF | Size | Date | Type |
---|
LRG MELUR 14
|
RM 350,000
|
RM 292.00
|
1,199 sqft
|
May 2022
|
LORONG MELUR 12
|
RM 320,000
|
RM 253.00
|
1,263 sqft
|
Jul 2022
|
LORONG MELUR 18
|
RM 850,000
|
RM 333.00
|
2,551 sqft
|
May 2022
|