Taman Usahajaya
14, Jalan Usaha Jaya, Taman Perindustrian Ringan Usahajaya, 14100 Bukit Mertajam, Pulau Pinang, Malaysia
14, Jalan Usaha Jaya, Taman Perindustrian Ringan Usahajaya, 14100 Bukit Mertajam, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Lorong Binajaya 2
|
RM 575,000
|
RM 273
|
2,110 sqft
|
|
|
|
Lorong Binajaya 3
|
RM 870,000
|
RM 412
|
2,110 sqft
|
|
|
Lorong Usahajaya 1
|
RM 600,000
|
RM 255
|
2,357 sqft
|
|
|
|
Lorong Usahajaya 4
|
RM 590,000
|
RM 250
|
2,357 sqft
|
|
|
Lorong Binajaya 3
|
RM 930,000
|
RM 248
|
3,746 sqft
|
|
|
Lorong Binajaya 6
|
RM 1,500,000
|
RM 227
|
6,620 sqft
|
|
|
|
Jalan Usahajaya
|
RM 1,800,000
|
RM 272
|
6,620 sqft
|
|
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Market Snapshot
CommercialRM 870,000
RM 255 psfMedian transaction price
14, Jalan Usaha Jaya, Taman Perindustrian Ringan Usahajaya, 14100 Bukit Mertajam, Pulau Pinang, Malaysia
MapsTaman Usahajaya in Seberang Perai Tengah, Penang recorded 7 subsale transactions in 2023, with a median price of RM 870K and a median price per square foot (PSF) of RM 255.
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 870K, with most transactions falling within a stable range of RM 575K to RM 1.32 million, and a typical market range of RM 754K to RM 986K.
Most transactions involved terraced factory/warehouse, with minimal variety in property types.
Price per square foot shows a median of RM 255, though individual units vary from RM 197 to RM 312 in the core range. The broader market spans RM 219.28 to RM 289.78, indicating diverse property characteristics. The spread of RM 70.50 (IQR) and deviation of RM 57 (MAD) suggest moderate price variations reflecting different property features.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.