TMN I & P

TMN I & P in Seberang Perai Utara, Penang recorded 4 subsale transactions in 2024, with a median price of RM 490K and a median price per square foot (PSF) of RM 336.

This area contains both residential and commercial properties. View 6 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 490K, with most transactions falling within a stable range of RM 450K to RM 740K, and a typical market range of RM 450K to RM 657K.

Most transactions involved 2 - 2 1/2 storey terraced, with high diversity across multiple property types.

For price per square foot, the median is RM 336, with most transactions between RM 309 and RM 362. The usual range is RM 308.50 to RM 362.50, showing that most units are priced quite close to each other. With an IQR of RM 54.00 and MAD of RM 26, 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.