Area Intelligence

TMN LOTUS

1 properties
2023
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Median Price
RM 615,000
PSF: RM 353

Residential Market

Median Price

RM 615,000

IQR: RM 49
MAD: RM 49
RM 353 PSF 38.4%

PSF Trends (2021-2025)

TMN LOTUS in Seberang Perai Utara, Penang recorded 1 subsale transactions in 2023, with a median price of RM 615K and a median price per square foot (PSF) of RM 353.

This area consists exclusively of residential properties, with no commercial listings recorded.

Price remained flat, and PSF growth was PSF remained flat.

Most transactions involved 2 - 2 1/2 storey terraced, with minimal variety in property types.

For price per square foot, the median is RM 353, with most transactions between RM 353 and RM 353. The usual range is RM 328.50 to RM 377.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 49.00 and an average deviation (MAD) of RM 0 indicate a highly stable PSF trend across properties.

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 LOTUS, Seberang Perai Utara, Penang

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Transactions

1 properties grouped by size

1,750 sqft
1 units Double Storey Terraced
RM 615,000
JLN MELATI
1,744 sqft · RM 353.00 PSF
May 2023