Area Intelligence

TMN CERI

2 properties
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Median Price
RM 1,194,000
PSF: RM 620

Residential Market

Median Price

RM 1,200,000

RM 377 PSF

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 1,188,000

RM 862 PSF

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TMN CERI in Seberang Perai Utara, Penang recorded 2 subsale transactions between 2021 and 2025, with a median price of RM 1.19 million and a median price per square foot (PSF) of RM 620.

This area contains both residential and commercial properties. View 1 residential properties or 1 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 1.19 million, with most transactions falling within a stable range of RM 1.19 million to RM 1.20 million, and a typical market range of RM 1.19 million to RM 1.20 million.

Most transactions involved 3 - 3 1/2 storey shop, with moderate diversity in property types available.

Price per square foot shows a median of RM 620, though individual units vary from RM 377 to RM 862 in the core range. The broader market spans RM 498.25 to RM 740.75, indicating diverse property characteristics. A wider spread (IQR: RM 242.50) and deviation (MAD: RM 243) indicate significant PSF variations, likely due to diverse property types or conditions.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TMN CERI, Seberang Perai Utara, Penang

OSM

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Transactions

2 properties grouped by size

1,400 sqft
1 units 3-Storey Storey Shop
RM 1,188,000
LORONG CERI 4
1,378 sqft · RM 862.00 PSF
Sep 2024
3,200 sqft
1 units Double Storey Semi-D
RM 1,200,000
LORONG CERI
3,186 sqft · RM 377.00 PSF
Oct 2021