TAMAN NIAGAJAYA in Seberang Perai Tengah, Penang recorded 1 subsale transactions in 2023, with a median price of RM 600K and a median price per square foot (PSF) of RM 173.
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. The median price is RM 600K, with most transactions falling within a stable range of RM 405K to RM 795K, and a typical market range of RM 419K to RM 781K.
Most transactions involved 3 - 3 1/2 storey shop, though some variety exists in the market.
Price per square foot shows a median of RM 173, though individual units vary from RM 53 to RM 293 in the core range. The broader market spans RM 49.58 to RM 295.58, indicating diverse property characteristics. A wider spread (IQR: RM 246.00) and deviation (MAD: RM 120) indicate significant PSF variations, likely due to diverse property types or conditions.
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.
