Area Intelligence

TMN SELAT

5 properties
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Median Price
RM 600,000
PSF: RM 326

Commercial Market

Median Price

RM 600,000

IQR: RM 15
MAD: RM 15
RM 326 PSF 6.5%

PSF Trends (2021-2025)

TMN SELAT in Seberang Perai Utara, Penang recorded 5 subsale transactions between 2021 and 2025, with a median price of RM 600K and a median price per square foot (PSF) of RM 326.

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

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

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

For price per square foot, the median is RM 326, with most transactions between RM 311 and RM 341. The usual range is RM 318.50 to RM 333.50, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 15.00 and an average deviation (MAD) of RM 15 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 SELAT, Seberang Perai Utara, Penang

OSM

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Transactions

5 properties grouped by size

1,850 sqft
3 units Double Storey Shop
RM 650,000
JALAN SELAT
1,841 sqft · RM 353.00 PSF
Mar 2024
RM 600,000
JALAN PANTAI
1,841 sqft · RM 326.00 PSF
Mar 2023
RM 600,000
JALAN PANTAI
1,841 sqft · RM 326.00 PSF
Mar 2023
1,950 sqft
2 units Double Storey Shop
RM 600,000
JALAN SELAT
1,927 sqft · RM 311.00 PSF
Apr 2023
RM 600,000
JALAN SELAT
1,927 sqft · RM 311.00 PSF
Jan 2022