Penang, Seberang Perai Tengah, Mukit Mertajam

TAMAN NIAGAJAYA

Area Intelligence

Median Price

RM 640,000

PSF: RM 184

TAMAN NIAGAJAYA in Seberang Perai Tengah, Penang recorded 4 subsale transactions between 2021 and 2025, priced between RM 300K and RM 750K, with a median price of RM 640K and a median price per square foot (PSF) of RM 184.

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 640K, with most transactions falling within a stable range of RM 563K to RM 695K, and a typical market range of RM 500K to RM 695K.

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

The median PSF stands at RM 184, with core pricing between RM 162 and RM 206. Market pricing typically extends from RM 61.08 to RM 307.08, reflecting moderate variation in unit pricing. With an IQR of RM 246.00 and MAD of RM 22, 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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TAMAN NIAGAJAYA, Seberang Perai Tengah, Penang

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Property Transactions

4 transactions grouped by size

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Size Type List

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Year

All Years 2025 2024 2023 2022 2021

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

Custom Range

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Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

Custom Range

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Road	Price	PSF	Size	Date	Type

3,500 sqft

3-Storey Shop

3,500 sqft

3-Storey Shop

RM 680,000

LORONG USAHANIAGA 5

3,477 sqft · RM 196 PSF

Feb 2025

RM 695,000

LORONG USAHANIAGA 5

3,477 sqft · RM 200 PSF

Apr 2024

RM 600,000

LORONG USAHANIAGA 5

3,477 sqft · RM 173 PSF

May 2023

RM 500,000

LORONG USAHANIAGA 5

3,477 sqft · RM 144 PSF

Aug 2021

LORONG USAHANIAGA 5	RM 680,000	RM 196	3,477 sqft	Feb 2025
LORONG USAHANIAGA 5	RM 695,000	RM 200	3,477 sqft	Apr 2024
LORONG USAHANIAGA 5	RM 600,000	RM 173	3,477 sqft	May 2023
LORONG USAHANIAGA 5	RM 500,000	RM 144	3,477 sqft	Aug 2021