Taman Usahaniaga

14000 Bukit Mertajam, Pulau Pinang, Malaysia

Property Transactions

3 subsales grouped by size

Median
RM 200,000
PSF
RM 186
Price Size
Period
transactions middle 50% (P25–P75)
RM 135,000
Level 3
904 sqft · RM 149 PSF
RM 445,000
Level G
893 sqft · RM 498 PSF
1,100 sqft
Office
RM 200,000
Level 1
1,076 sqft · RM 186 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

RM 135,000

RM 149 psf

Median transaction price

RM 322,500

RM 342 psf

Median transaction price

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Taman Usahaniaga, 14000 Bukit Mertajam, Pulau Pinang, Malaysia

Maps

Taman Usahaniaga in Seberang Perai Tengah, Penang recorded 3 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. The median price is RM 200K, with most transactions falling within a stable range of RM 135K to RM 333K, and a typical market range of RM 169K to RM 231K.

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

Price per square foot shows a median of RM 186, though individual units vary from RM 29 to RM 342 in the core range. The broader market spans RM 159.69 to RM 211.94, indicating diverse property characteristics. A wider spread (IQR: RM 52.25) and deviation (MAD: RM 157) 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.