Penang, Seberang Perai Tengah, Mukit Mertajam

TAMAN USAHANIAGA

Area Intelligence

2023

Median Price

RM 200,000

PSF: RM 186

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Residential PSF Trends

Median Price

RM 140,000

PSF: RM 147

Commercial PSF Trends

Median Price

RM 200,000

RM 186 PSF

TAMAN USAHANIAGA in Seberang Perai Tengah, Penang recorded 1 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.

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 186 and RM 186. 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 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN USAHANIAGA, Seberang Perai Tengah, Penang

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