Mukim 2, Seberang Perai Tengah, Pulau Pinang property prices

Transactions from November 2021 to February 2026

Recorded Transactions55
Total Properties Sold5
Total transactions ≤ RM1,000,00055
Total transactions above RM1,000,0000

Totals for Mukim 2, Seberang Perai Tengah, Pulau Pinang only. Properties sold counts distinct developments, not individual units.

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Mukim 2, Seberang Perai Tengah, Pulau Pinang property prices: key facts

Median Transacted Price
RM 550,000
Median Price PSF
RM 362.55
Most Preferred Tenure
Freehold
Most Transacted Property Type
2 - 2 1/2 Storey Terraced
Most Transacted Property
Tmn Pasir Indah
Most Properties Sold In
December 2021 (8 Sales)
Low-Cost / Affordable Sold
0 (Up To RM 300,000)
Medium-Cost / Mid-Market Sold
52 (Above RM 300,000 To RM 800,000)
Luxury / High-End Sold
3 (Above RM 800,000 To RM 2,500,000)
Ultra-Luxury Sold
0 (Above RM 2,500,000)

Price bands cover positive transaction prices, including decimal amounts, with no gaps between tiers. Most-transacted facts reflect recorded volume, not a survey of buyer preferences.

Median price by year

Yearly transaction medians for Mukim 2, Seberang Perai Tengah, Pulau Pinang
YearMedian priceMedian RM/sqftTotal transactions
2026RM 600,000RM 419.111
2025RM 550,000RM 405.538
2024RM 570,000RM 404.8911
2023RM 589,000RM 358.6110
2022RM 485,000RM 352.7516
2021RM 481,000RM 349.119

Most Transacted Properties in Mukim 2, Seberang Perai Tengah, Pulau Pinang

Most Transacted Properties in Mukim 2, Seberang Perai Tengah, Pulau Pinang, ranked by recorded transactions
Property name Property type Total transactions Median price Median RM/sqft
TMN PASIR INDAH 2 - 2 1/2 Storey Terraced 45 RM 550,000 RM 362.55
TMN CERMAI 2 - 2 1/2 Storey Terraced 5 RM 499,000 RM 417.65
TMN HIMALAYA 2 - 2 1/2 Storey Terraced 3 RM 485,000 RM 321.84
JLN KUBANG SEMANG Detached 1 RM 630,000 RM 136.75
TMN SAMAGAGAH 2 - 2 1/2 Storey Shop 1 RM 660,000 RM 471.66

Matching scheme names are combined within this report's location. Property links open the location with the most recorded transactions; its detail totals may differ from this combined ranking. Names without a complete report location are not linked. For mixed-type schemes, the most transacted property type is shown.

Mukim 2, Seberang Perai Tengah, Pulau Pinang Property Market Insight

Between November 2021 and February 2026, Mukim 2, Seberang Perai Tengah, Pulau Pinang recorded 55 property transactions within this area. The overall median transacted price stood at RM 550,000 (RM 362.55 PSF), serving as a practical benchmark for comparing localized values.

The market's upper bound reached RM 1,000,000 in Mukim 2, whereas the lowest recorded sale was RM 325,000 in Mukim 2. Across the area, 2 - 2 1/2 Storey Terraced emerged as the most transacted property type.

Extreme prices describe individual recorded sales, not the typical price of an entire area.

Frequently Asked Questions

What is the median property price in Mukim 2, Seberang Perai Tengah, Pulau Pinang?

The median transacted property price in Mukim 2, Seberang Perai Tengah, Pulau Pinang is RM 550,000 (RM 362.55 per sq. ft.), based on 55 recorded sales from November 2021 to February 2026.

How much do high-rise properties cost in Mukim 2, Seberang Perai Tengah, Pulau Pinang?

No condominium or apartment transactions are available in the recorded period for Mukim 2, Seberang Perai Tengah, Pulau Pinang.

What type of tenure do buyers in Mukim 2, Seberang Perai Tengah, Pulau Pinang prefer?

Freehold is the most frequently transacted tenure, accounting for 55 of 55 recorded transactions. Sales volume alone does not establish buyer preference.

How do residential and commercial prices compare in Mukim 2, Seberang Perai Tengah, Pulau Pinang?

Residential properties in Mukim 2, Seberang Perai Tengah, Pulau Pinang transacted at a median price of RM 550,000 across 52 sales, while commercial and industrial properties transacted at a median of RM 660,000 across 3 sales. A median is unavailable when no usable prices are recorded.

What are the most active or dominant property sub-sectors in Mukim 2, Seberang Perai Tengah, Pulau Pinang?

2 - 2 1/2 Storey Terraced accounts for the most recorded transactions (44). This identifies the most active category in this dataset; it does not by itself prove sustained demand or liquidity.

How reliable is this data, and can I rely on it to make a decision for my next property purchase?

These metrics are strictly for personal reference, market comparison, and informational purposes only. They are calculated from the imported transaction database; attribution to official sources such as NAPIC/JPPH should be independently verified. They are not professional financial, legal, or real estate investment advice. Property values can vary with individual unit condition, facing, floor level, renovation quality, and changing market dynamics. Always perform independent due diligence, consult a licensed real estate agent or registered valuer, and assess your personal financial position before making a property purchase or investment commitment.

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How to read these figures

Medians use all positive recorded prices in the stated period, without removing outliers. PSF is calculated per transaction using land/parcel area in square feet, falling back to main floor area when land area is unavailable. Records without a usable price or area do not contribute to the respective median.

Capital gain/loss compares the first and latest recorded month's median price. It measures changes in the mix of properties sold, not the return on a specific property. A single priced month is reported as not available. Blank district, area and scheme names are excluded from named counts and rankings. District rankings retain state identity; area rankings retain district identity and combine case-only area-name variants.

State assignments use the existing district/area mapping and may need verification. Areas represent administrative sub-districts. Date ranges use the recorded month and year; undated records remain in overall totals but not dated trends. Analytics are cached for up to five minutes and refreshed when the database file changes.

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