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 200K, and a typical market range of RM 169K to RM 200K.
Most transactions involved office lot, with high diversity across multiple property types.
For price per square foot, the median is RM 186, with most transactions between RM 168 and RM 205. The usual range is RM 159.88 to RM 212.13, showing that most units are priced quite close to each other. With an IQR of RM 52.25 and MAD of RM 19, 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.