TMN NIRWANA

Seberang Perai Tengah, Penang · Freehold · 111 transactions

Median Price

RM435K

RM353K – RM555K

Median PSF

RM404

RM337 – RM568

Transactions

111

2021-01 to 2025-10

Size Range

603 – 2860

sq.ft (built-up)

1 - 1 1/2 Storey Terraced (30)Condominium/Apartment (28)2 - 2 1/2 Storey Terraced (23)Service Apartment (15)Low-Cost Flat (11)Low-Cost House (3)1 - 1 1/2 Storey Semi-Detached (1)

Recorded Transactions

Median Price

Median PSF

Market Analysis

Data-driven insights for TMN NIRWANA

Investment Return

Earliest PSF (2021)

RM357

Current PSF (2025)

RM500

Capital Gain

+40.0%

Total Return (est.)

14.0% p.a.

Capital appreciation (4 years)+40.0%
Annualised capital return+10.0% p.a.
Est. gross rental yield4.0% p.a.
Est. total return (capital + rental)14.0% p.a.
vs Fixed Deposit (3.5% p.a. x 4yr)+42.0%

*Based on earliest recorded transaction (2021). Actual launch price may differ. Rental yield estimated from Penang district averages.

Unit Mix Breakdown

SizeTransactionsMedian PriceMedian PSF
600 sqft5RM150KRM249
650 sqft9RM190KRM299
700 sqft22RM385KRM568
800 sqft9RM460KRM578
1,050 sqft4RM406KRM385
1,100 sqft6RM370KRM344
1,150 sqft8RM400KRM344
1,200 sqft3RM400KRM338
1,250 sqft11RM450KRM357
1,300 sqft6RM683KRM533
1,350 sqft7RM809KRM606
1,500 sqft14RM640KRM431

Market Verdict

PSF Trend: Appreciating

PSF moved from RM357 (2021) to RM500 (2025)

Liquidity: High

111 transactions over 4 years (~28/year)

15% above Seberang Perai Tengah average

This project: RM404 PSF vs Seberang Perai Tengah median: RM350 PSF

Est. Total Return: 14.0% p.a. (beats FD)

Capital gain (10.0% p.a.) + rental yield (~4% p.a.)

Verdict

TMN NIRWANA delivers a strong estimated total return of 14.0% p.a. — comprising +10.0% capital appreciation and ~4% rental yield over 4 years. This outperforms fixed deposits (3.5% p.a.) when rental income is factored in. PSF is 15% above the Seberang Perai Tengah average, reflecting its positioning as a premium development in the area. Best suited for capital gain seekers, long-term holders, those who value liquidity.

Investment return & market verdict

ROI since launch, unit mix, rental yield, area comparison

Transaction History

Showing 5 of 111
DateTypeTenureSize (sqft)PSFPrice
Oct 20251 - 1 1/2 Storey TerracedFreehold700RM543RM380K
Oct 2025Condominium/ApartmentLeasehold818RM373RM305K
Aug 20251 - 1 1/2 Storey TerracedFreehold700RM500RM350K
Aug 20252 - 2 1/2 Storey TerracedFreehold1,259RM349RM440K
Jul 20251 - 1 1/2 Storey TerracedFreehold700RM572RM400K

106 more transactions hidden

Full Report Includes

Complete NAPIC transaction data with trend analysis — RM69.90 per report

Investment ROI

Capital gain + rental yield since launch

Market verdict

Trend, liquidity, and area comparison

Unit mix breakdown

Price & PSF by unit size

All transactions

Full table of 111 records

3 interactive charts

Scatter, price & PSF vs Seberang Perai Tengah & Penang

Percentile breakdown

25th, 50th, 75th price & PSF

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