Penang, Seberang Perai Tengah, Mukit Mertajam

TAMAN NIAGAJAYA

Area Intelligence

2024

Median Price

RM 695,000

PSF: RM 525

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Residential PSF Trends

Median Price

RM 275,000

PSF: RM 263

Commercial PSF Trends

Median Price

RM 695,000

RM 525 PSF

TAMAN NIAGAJAYA in Seberang Perai Tengah, Penang recorded 1 subsale transactions in 2024, with a median price of RM 695K and a median price per square foot (PSF) of RM 525.

This area contains both residential and commercial properties. View 3 residential properties or 4 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat.

Most transactions involved 3 - 3 1/2 storey shop, though some variety exists in the market.

For price per square foot, the median is RM 525, with most transactions between RM 525 and RM 525. The usual range is RM 402.00 to RM 648.00, showing that most units are priced quite close to each other. With an IQR of RM 246.00 and MAD of RM 0, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN NIAGAJAYA, Seberang Perai Tengah, Penang

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