TAMAN USAHANIAGA

Area Intelligence
2023
Median Price
RM 290,000
PSF: RM 324

Residential PSF Trends

Median Price

RM 135,000

PSF: RM 149

Commercial PSF Trends

Median Price

RM 445,000

RM 498 PSF

TAMAN USAHANIAGA in Seberang Perai Tengah, Penang recorded 2 subsale transactions in 2023, with a median price of RM 290K and a median price per square foot (PSF) of RM 324.

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 290K, with most transactions falling within a stable range of RM 258K to RM 323K, and a typical market range of RM 259K to RM 321K.

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

For price per square foot, the median is RM 324, with most transactions between RM 296 and RM 352. The usual range is RM 297.58 to RM 349.83, showing that most units are priced quite close to each other. With an IQR of RM 52.25 and MAD of RM 28, 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.

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TAMAN USAHANIAGA, Seberang Perai Tengah, Penang

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