TMN USAHAJAYA
Commercial Market
Median Price
RM 480,000
PSF Trends (2021-2025)
TMN USAHAJAYA in Seberang Perai Tengah, Penang recorded 2 subsale transactions in 2021, with a median price of RM 480K and a median price per square foot (PSF) of RM 231.
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 480K, with most transactions falling within a stable range of RM 460K to RM 500K, and a typical market range of RM 460K to RM 500K.
Most transactions involved terraced factory/warehouse, with minimal variety in property types.
For price per square foot, the median is RM 231, with most transactions between RM 222 and RM 240. The usual range is RM 201.50 to RM 260.50, showing that most units are priced quite close to each other. With an IQR of RM 59.00 and MAD of RM 9, the PSF demonstrates reasonable consistency across the market.
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.
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Transactions
2 properties found
Type
|
Road
|
Price
|
PSF
|
Area
|
Date
|
---|---|---|---|---|---|
Terraced Factory |
JALAN USAHAJAYA
|
RM 500,000
|
RM 222.00
|
2,250 sqft
|
Nov 2021
|
Terraced Factory |
LORONG BINAJAYA 1
|
RM 460,000
|
RM 240.00
|
1,916 sqft
|
Nov 2021
|