TAMAN USAHANIAGA in Seberang Perai Tengah, Penang recorded 3 subsale transactions in 2023, with a median price of RM 200K and a median price per square foot (PSF) of RM 186.
This area contains both residential and commercial properties. View 8 residential properties or 14 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 200K, with most transactions falling within a stable range of RM 168K to RM 233K, and a typical market range of RM 169K to RM 231K.
Most transactions involved office lot, with high diversity across multiple property types.
The median PSF stands at RM 186, with core pricing between RM 158 and RM 214. Market pricing typically extends from RM 159.69 to RM 211.94, reflecting moderate variation in unit pricing. The spread of RM 52.25 (IQR) and deviation of RM 28 (MAD) suggest moderate price variations reflecting different property features.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.
