TAMAN BUNGA MERAH

TAMAN BUNGA MERAH in Seberang Perai Utara, Penang recorded 2 subsale transactions between 2021 and 2025, with a median price of RM 1.25 million and a median price per square foot (PSF) of RM 927.

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.

For price per square foot, the median is RM 927, with most transactions between RM 845 and RM 1,009. The usual range is RM 765.25 to RM 1,087.75, showing that most units are priced quite close to each other. With an IQR of RM 322.50 and MAD of RM 82, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.