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TMN LEMBAH PERMAI

Seberang Perai Tengah, Pulau Pinang · Commercial · 6 recorded sales, Aug 2022 to Oct 2023

No sale recorded since Oct 20232 - 2 1/2 Storey Shop · 33 - 3 1/2 Storey Shop · 2Detached · 1
RM 533psf median, against main floor area · 6 priced sales
© CARTO · © OpenStreetMap

The record

Middle half (25th–75th)
RM 485598 psf
Median price
RM 1,865,000
Price range
RM 1.35mRM 2.40m
Main floor area
2,5315,115 sq ft
Land area
1,3245,608 sq ft
Median price per sq ft of land
RM 1,061

Median of 6 sales that carry a usable area, out of 6 on record. Half the sales fell inside the middle-half band; half did not.

Land is published separately from main floor area and is the larger of the two here — a median of 1,593 sq ft against 3,002. Two houses can share a floor area and differ by half their land, so the price per square foot of the building is not by itself a comparison between them.

Liquidity

No recorded sale in the 12 months to Oct 2023. Last on record: 13 Oct 2023.

Counted against the newest sale in the corpus, not against today: NAPIC runs about three months in arrears, so a window ending today would quietly be a nine-month window and read low.

20221 · RM 422 psf
20235 · RM 533 psf

Quarterly medians · not a price trend

3935436932022 Q3 — RM 422 psf, 1 sale2023 Q1 — RM 469 psf, 1 sale2023 Q2 — RM 576 psf, 2 sales2023 Q3 — RM 664 psf, 1 sale2023 Q4 — RM 533 psf, 1 sale
2022 Q32023 Q4
5+ sales in the quarterfewer — plotted, never joinedNo run of 3 quarters is dense enough to draw a line through.

Each point is the median psf of what sold that quarter, so it moves with the mix as much as with price — a quarter in which the larger units happened to change hands reads low per square foot without anything having got cheaper. A line is drawn only along a run of three or more consecutive quarters that each carry five or more sales — two points are a difference, not a direction.

There is no mix-adjusted series for commercial in Pulau Pinang long or clean enough to state a direction, so this page states none.

Distribution · 6 priced sales

RM 427–443 psf — 1 saleRM 443–460 psf — 0 salesRM 460–476 psf — 1 saleRM 476–493 psf — 0 salesRM 493–510 psf — 0 salesRM 510–526 psf — 0 salesRM 526–543 psf — 2 salesRM 543–560 psf — 0 salesRM 560–576 psf — 0 salesRM 576–593 psf — 0 salesRM 593–609 psf — 0 salesRM 609–626 psf — 1 saleRM 626–643 psf — 0 salesRM 643–659 psf — 1 sale
RM 427RM 659 psf

Each bar counts sales in a RM 17 psf band, measured against main floor area. The axis is trimmed to the 2nd–98th percentile, so a handful of sales fall outside it; they are still counted in every figure above.

Most recent sales · 6 of 6

DateTypeArea (sq ft)PricepsfTenure
13 Oct 20232 - 2 1/2 Storey Shop2,531RM 1,350,000533Freehold
27 Jul 20232 - 2 1/2 Storey Shop2,531RM 1,680,000664Freehold
17 May 2023Detached3,472RM 2,150,000619Freehold
5 May 20232 - 2 1/2 Storey Shop2,531RM 1,350,000533Freehold
30 Mar 20233 - 3 1/2 Storey Shop5,115RM 2,400,000469Freehold
3 Aug 20223 - 3 1/2 Storey Shop4,861RM 2,050,000422Freehold

Others in Seberang Perai Tengah · commercial

Where these numbers come from

Every figure on this page is computed from registered transactions published by the National Property Information Centre (NAPIC), Valuation and Property Services Department (JPPH), Ministry of Finance Malaysia, as open data. These are completed sales, not asking prices, and not properties currently on the market.
Areas are as published: main floor area. Nothing here is a valuation.