Area Intelligence

TMN HONG

6 properties
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Median Price
RM 610,000
PSF: RM 443

Residential Market

Median Price

RM 450,000

RM 322 PSF

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 620,000

IQR: RM 57
MAD: RM 29
RM 457 PSF 17.0%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

TMN HONG in Seberang Perai Utara, Penang recorded 6 subsale transactions between 2021 and 2025, with a median price of RM 610K and a median price per square foot (PSF) of RM 443.

This area contains both residential and commercial properties. View 1 residential properties or 5 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 610K, with most transactions falling within a stable range of RM 550K to RM 670K, and a typical market range of RM 563K to RM 658K.

Most transactions involved 3 - 3 1/2 storey shop, though some variety exists in the market.

The median PSF stands at RM 443, with core pricing between RM 393 and RM 493. Market pricing typically extends from RM 398.63 to RM 487.38, reflecting moderate variation in unit pricing. With an IQR of RM 88.75 and MAD of RM 50, the PSF demonstrates reasonable consistency across the market.

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 HONG, Seberang Perai Utara, Penang

OSM

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Transactions

6 properties grouped by size

1,350 sqft
1 units 3-Storey Storey Shop
RM 620,000
JALAN LIMBUNGAN
1,356 sqft · RM 457.00 PSF
May 2023
1,400 sqft
4 units
RM 700,000
3-Storey Storey Shop JALAN LIMBUNGAN
1,399 sqft · RM 500.00 PSF
Mar 2025
RM 680,000
3-Storey Storey Shop JALAN LIMBUNGAN
1,399 sqft · RM 486.00 PSF
Oct 2023
RM 450,000
Double Storey Terraced MEDAN LIMBUNGAN
1,399 sqft · RM 322.00 PSF
Aug 2023
RM 600,000
3-Storey Storey Shop JALAN LIMBUNGAN
1,399 sqft · RM 429.00 PSF
Jun 2022
1,500 sqft
1 units 3-Storey Storey Shop
RM 560,000
JALAN LIMBUNGAN
1,485 sqft · RM 377.00 PSF
Feb 2022