Taman Santuari (Santuary Row)

Alma, 14000 Bukit Mertajam, Pulau Pinang, Malaysia

Property Transactions

6 subsales grouped by size

Median
RM 965,000
PSF
RM 372
Price Size
Period
transactions middle 50% (P25–P75)
2,550 sqft
2-Sty Shop
RM 970,000
Dalam Pembinaan - Fasa 6
2,562 sqft · RM 379 PSF
2,600 sqft
2-Sty Shop
RM 985,000
Dalam Pembinaan - Fasa 6
2,616 sqft · RM 377 PSF
RM 938,000
Dalam Pembinaan - Fasa 6
2,616 sqft · RM 359 PSF
RM 960,000
Dalam Pembinaan - Fasa 6
2,616 sqft · RM 367 PSF
RM 1,180,000
Dalam Pembinaan - Fasa 6
2,616 sqft · RM 451 PSF
RM 938,000
Dalam Pembinaan - Fasa 6
2,616 sqft · RM 359 PSF
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Market Snapshot

Commercial

RM 965,000

RM 372 psf

Median transaction price

Taman Santuari (Santuary Row)
© OpenStreetMap · CARTO

Alma, 14000 Bukit Mertajam, Pulau Pinang, Malaysia

Maps

Taman Santuari (Santuary Row) in Seberang Perai Tengah, Penang recorded 6 subsale transactions in 2023, with a median price of RM 965K and a median price per square foot (PSF) of RM 372.

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

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 965K, with most transactions falling within a stable range of RM 938K to RM 1.05 million, and a typical market range of RM 942K to RM 989K.

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

For price per square foot, the median is RM 372, with most transactions between RM 340 and RM 404. The usual range is RM 356.30 to RM 387.30, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 31.00 and an average deviation (MAD) of RM 32 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.