TAMAN NIAGAJAYA

Area Intelligence
2024
Median Price
RM 695,000
PSF: RM 200

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 200.

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 695K, with most transactions falling within a stable range of RM 500K to RM 890K, and a typical market range of RM 514K to RM 876K.

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 200, though individual units vary from RM 80 to RM 320 in the core range. The broader market spans RM 76.90 to RM 322.90, 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.

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TAMAN NIAGAJAYA, Seberang Perai Tengah, Penang

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