Area Intelligence

TAMAN USAHANIAGA

4 properties
2024
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Median Price
RM 177,000
PSF: RM 179

Residential Market

Median Price

RM 160,000

IQR: RM 64
MAD: RM 38
RM 177 PSF 20.2%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 194,000

IQR: RM 170
MAD: RM 35
RM 180 PSF 7.4%

PSF Trends (2021-2025)

TAMAN USAHANIAGA in Seberang Perai Tengah, Penang recorded 4 subsale transactions in 2024, with a median price of RM 177K and a median price per square foot (PSF) of RM 179.

This area contains both residential and commercial properties. View 8 residential properties or 11 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 177K, with most transactions falling within a stable range of RM 145K to RM 344K, and a typical market range of RM 146K to RM 208K.

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

Price per square foot shows a median of RM 179, though individual units vary from RM 10 to RM 347 in the core range. The broader market spans RM 156.25 to RM 200.75, indicating diverse property characteristics. A wider spread (IQR: RM 44.50) and deviation (MAD: RM 168) indicate significant PSF variations, likely due to diverse property types or conditions.

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.

Area Location

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TAMAN USAHANIAGA, Seberang Perai Tengah, Penang

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Transactions

4 properties grouped by size

900 sqft
1 units Flat
RM 160,000
904 sqft · RM 177.00 PSF
Oct 2024
1,000 sqft
2 units Shop/Retail Lot
RM 145,000
1,001 sqft · RM 145.00 PSF
Jun 2024
RM 550,000
990 sqft · RM 555.00 PSF
Jan 2024
1,100 sqft
1 units Office Lot
RM 194,000
1,076 sqft · RM 180.00 PSF
May 2024