Taman Niagajaya

29-31, Lorong Usahaniaga 4, Taman Usahaniaga, 14000 Bukit Mertajam, Pulau Pinang, Malaysia

Property Transactions

1 subsales grouped by size

Median
RM 500,000
PSF
RM 144
Price Size
Period
transactions middle 50% (P25–P75)
3,500 sqft
3-Sty Shop
RM 500,000
Lorong Usahaniaga 5
3,477 sqft · RM 144 PSF
Legend Recent Highest Price Highest PSF

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Taman Niagajaya
© OpenStreetMap · CARTO

29-31, Lorong Usahaniaga 4, Taman Usahaniaga, 14000 Bukit Mertajam, Pulau Pinang, Malaysia

Maps

Taman Niagajaya in Seberang Perai Tengah, Penang recorded 1 subsale transactions in 2021, with a median price of RM 500K and a median price per square foot (PSF) of RM 144.

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 144, with most transactions between RM 144 and RM 144. The usual range is RM 20.81 to RM 266.81, 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.

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.