TMN HONG
Residential Market
Median Price
RM 450,000
PSF Trends (2021-2025)
Commercial Market
Median Price
RM 580,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
3-Storey Storey Shop
5 properties
Median Price
RM 650,000
+6.5% CAGR
Median PSF
RM 471.50
+7.5% CAGR
Double Storey Terraced
1 properties
Median Price
RM 450,000
Median PSF
RM 322.00
Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
---|---|---|---|---|---|---|
3-Storey Storey Shop | 5 |
RM 650,000
±50K MAD
|
+6.47% |
RM 471.50
±29 MAD
|
+7.45% | |
Double Storey Terraced | 1 |
RM 450,000
|
- |
RM 322.00
|
- |
TMN HONG in Seberang Perai Utara, Penang recorded 2 subsale transactions in 2022, with a median price of RM 580K and a median price per square foot (PSF) of RM 403.
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 580K, with most transactions falling within a stable range of RM 560K to RM 600K, and a typical market range of RM 560K to RM 600K.
Most transactions involved 3 - 3 1/2 storey shop, though some variety exists in the market.
For price per square foot, the median is RM 403, with most transactions between RM 377 and RM 429. The usual range is RM 358.63 to RM 447.38, showing that most units are priced quite close to each other. With an IQR of RM 88.75 and MAD of RM 26, 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.
Filter by type, year, price, and size
Transactions
2 properties found
Type
|
Road
|
Price
|
PSF
|
Area
|
Date
|
---|---|---|---|---|---|
3-Storey Storey Shop |
JALAN LIMBUNGAN
|
RM 600,000
|
RM 429.00
|
1,399 sqft
|
Jun 2022
|
3-Storey Storey Shop |
JALAN LIMBUNGAN
|
RM 560,000
|
RM 377.00
|
1,485 sqft
|
Feb 2022
|