TMN MEWAH Transaction Price & PSF

This article provides a targeted snapshot of the TMN MEWAH residential market for Condominium/Apartment properties within Seberang Perai Utara, Butterworth, Pulau Pinang. The aim is to help readers understand how to read the transaction benchmarks and interpret the scheme data without assuming outcomes for any single listing.

Market overview

Within the TMN MEWAH residential segment, activity is concentrated in a defined set of submarkets. The data point to Seberang Perai Utara as the district with notable activity and Butterworth as the corresponding mukim where transactions are most observed. The TMN MEWAH scheme emerges as the primary locus of transactions for the Condominium/Apartment category in this state. This pattern suggests readers should compare like with like—within the same scheme and submarket—since differences across property types and locations can be meaningful in this market context.

Property transaction benchmark

Median Parcel PSF is shown only where sufficient usable parcel area coverage supports the calculation.

How to interpret this market

Readers can use transaction benchmarks as a contextual guide when comparing properties of the same type within the same scheme or submarket. Remember that individual properties may differ in size, condition and location, so benchmarks provide a relative context rather than a precise forecast for any single listing.

Frequently asked questions

Summary

In summary, readers should compare property types separately and use transaction benchmarks within each type and scheme to form a contextual view. Benchmarks are a useful reference, not a forecast, for any specific listing.

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