Taman Bunga Merah
Taman Sri Bunga, 11900 Bayan Lepas, Pulau Pinang, Malaysia
Taman Sri Bunga, 11900 Bayan Lepas, Pulau Pinang, Malaysia
| Price | PSF | Size | Date | Type |
|---|
|
RM 1,600,000
|
RM 301
|
5,317 sqft
|
|
2-Sty Shop |
|
RM 1,600,000
|
RM 327
|
4,898 sqft
|
|
4-Sty Shop |
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Taman Bunga Merah, Taman Sri Bunga, 11900 Bayan Lepas, Pulau Pinang, Malaysia
MapsTaman Bunga Merah in Seberang Perai Utara, Penang recorded 3 subsale transactions between 2021 and 2026, with a median price of RM 1.60 million and a median price per square foot (PSF) of RM 301.
This area consists exclusively of commercial properties, with no residential listings recorded.
Price remained flat, and PSF growth was PSF remained flat.
Most transactions involved 2 - 2 1/2 storey shop, with high diversity across multiple property types.
Price per square foot shows a median of RM 301, though individual units vary from RM 219 to RM 383 in the core range. The broader market spans RM 139.65 to RM 462.15, indicating diverse property characteristics. A wider spread (IQR: RM 322.50) and deviation (MAD: RM 82) indicate significant PSF variations, likely due to diverse property types or conditions.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.