Penang, Seberang Perai Tengah, Mukit Mertajam

TAMAN USAHANIAGA

Area Intelligence

2024

Median Price

RM 169,500

PSF: RM 163

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Residential PSF Trends

Median Price

RM 140,000

PSF: RM 147

Commercial PSF Trends

Median Price

RM 169,500

RM 163 PSF

TAMAN USAHANIAGA in Seberang Perai Tengah, Penang recorded 2 subsale transactions in 2024, with a median price of RM 170K and a median price per square foot (PSF) of RM 163.

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 170K, with most transactions falling within a stable range of RM 145K to RM 194K, and a typical market range of RM 145K to RM 194K.

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

The median PSF stands at RM 163, with core pricing between RM 145 and RM 180. Market pricing typically extends from RM 136.38 to RM 188.63, reflecting moderate variation in unit pricing. With an IQR of RM 52.25 and MAD of RM 18, 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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