Area Intelligence

TMN NIAGAJAYA

6 properties
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Median Price
RM 550,000
PSF: RM 438

Residential Market

Median Price

RM 272,500

IQR: RM 7
MAD: RM 7
RM 261 PSF

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 640,000

IQR: RM 67
MAD: RM 33
RM 512 PSF 11.6%

PSF Trends (2021-2025)

TMN NIAGAJAYA in Seberang Perai Tengah, Penang recorded 6 subsale transactions between 2021 and 2025, with a median price of RM 550K and a median price per square foot (PSF) of RM 438.

This area contains both residential and commercial properties. View 2 residential properties or 4 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 550K, with most transactions falling within a stable range of RM 413K to RM 688K, and a typical market range of RM 388K to RM 695K.

Most transactions involved 3 - 3 1/2 storey shop, though some variety exists in the market.

Price per square foot shows a median of RM 438, though individual units vary from RM 332 to RM 545 in the core range. The broader market spans RM 326.63 to RM 549.38, indicating diverse property characteristics. The spread of RM 222.75 (IQR) and deviation of RM 107 (MAD) suggest moderate price variations reflecting different property features.

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.

Area Location

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TMN NIAGAJAYA, Seberang Perai Tengah, Penang

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Transactions

6 properties grouped by size

1,050 sqft
2 units Condo/Apartment
RM 280,000
1,044 sqft · RM 268.00 PSF
Jan 2025
RM 265,000
1,044 sqft · RM 254.00 PSF
Jun 2022
1,200 sqft
2 units 3-Storey Storey Shop
RM 680,000
LORONG USAHANIAGA 5
1,206 sqft · RM 564.00 PSF
Feb 2025
RM 600,000
LORONG USAHANIAGA 5
1,206 sqft · RM 498.00 PSF
May 2023
1,300 sqft
2 units 3-Storey Storey Shop
RM 695,000
LORONG USAHANIAGA 5
1,324 sqft · RM 525.00 PSF
Apr 2024
RM 500,000
LORONG USAHANIAGA 5
1,324 sqft · RM 378.00 PSF
Aug 2021