Area Intelligence

TMN HONG

5 properties
3-Storey Storey Shop
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Median Price
RM 620,000
PSF: RM 457

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 5 3-Storey Storey Shop properties subsale transactions between 2021 and 2025 for 3-storey storey shop properties, with a median price of RM 620K and a median price per square foot (PSF) of RM 457.

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 620K, with most transactions falling within a stable range of RM 568K to RM 672K, and a typical market range of RM 573K to RM 668K.

Within the 3-Storey Storey Shop category, 3 - 3 1/2 storey shop dominated the market, though some variety exists in the market.

For price per square foot, the median is RM 457, with most transactions between RM 413 and RM 501. The usual range is RM 412.63 to RM 501.38, showing that most units are priced quite close to each other. With an IQR of RM 88.75 and MAD of RM 44, 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

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Transactions

5 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
3 units 3-Storey Storey Shop
RM 700,000
JALAN LIMBUNGAN
1,399 sqft · RM 500.00 PSF
Mar 2025
RM 680,000
JALAN LIMBUNGAN
1,399 sqft · RM 486.00 PSF
Oct 2023
RM 600,000
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