Area Intelligence

TMN USAHAJAYA

7 properties
2023
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Median Price
RM 870,000
PSF: RM 300

Commercial Market

Median Price

RM 870,000

IQR: RM 59
MAD: RM 30
RM 300 PSF 13.0%

PSF Trends (2021-2025)

TMN 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 300.

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 771K to RM 969K.

Most transactions involved terraced factory/warehouse, with minimal variety in property types.

The median PSF stands at RM 300, with core pricing between RM 266 and RM 334. Market pricing typically extends from RM 270.50 to RM 329.50, reflecting moderate variation in unit pricing. With an IQR of RM 59.00 and MAD of RM 34, 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.

Area Location

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TMN USAHAJAYA, Seberang Perai Tengah, Penang

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Transactions

7 properties grouped by size

1,850 sqft
1 units Terraced Factory
RM 600,000
LORONG USAHAJAYA 1
1,873 sqft · RM 320.00 PSF
Dec 2023
1,900 sqft
1 units Terraced Factory
RM 575,000
LORONG BINAJAYA 2
1,916 sqft · RM 300.00 PSF
Dec 2023
2,250 sqft
1 units Terraced Factory
RM 590,000
LORONG USAHAJAYA 4
2,250 sqft · RM 262.00 PSF
Aug 2023
2,650 sqft
1 units Terraced Factory
RM 870,000
LORONG BINAJAYA 3
2,626 sqft · RM 331.00 PSF
Sep 2023
3,000 sqft
1 units Terraced Factory
RM 930,000
LORONG BINAJAYA 3
3,025 sqft · RM 307.00 PSF
Nov 2023
6,600 sqft
2 units Semi-D Factory
RM 1,500,000
LORONG BINAJAYA 6
6,620 sqft · RM 227.00 PSF
Aug 2023
RM 1,800,000
JALAN USAHAJAYA
6,620 sqft · RM 272.00 PSF
Jun 2023