Penang, Seberang Perai Tengah, Mukit Mertajam

TAMAN USAHANIAGA

Area Intelligence

2023

Median Price

RM 445,000

PSF: RM 498

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Residential PSF Trends

Median Price

RM 140,000

PSF: RM 147

Commercial PSF Trends

Median Price

RM 445,000

RM 498 PSF

TAMAN USAHANIAGA in Seberang Perai Tengah, Penang recorded 1 subsale transactions in 2023, priced between RM 300K and RM 500K, with a median price of RM 445K and a median price per square foot (PSF) of RM 498.

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.

Most transactions involved office lot, with high diversity across multiple property types.

For price per square foot, the median is RM 498, with most transactions between RM 498 and RM 498. The usual range is RM 471.98 to RM 524.23, showing that most units are priced quite close to each other. With an IQR of RM 52.25 and MAD of RM 0, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN USAHANIAGA, Seberang Perai Tengah, Penang

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