TAMAN BUNGA MERAH

Area Intelligence
1 subsale transactions
Double Storey Shop
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Median Price
RM 1,600,000
PSF: RM 563

Commercial PSF Trends

Median Price

RM 1,600,000

RM 563 PSF

TAMAN BUNGA MERAH in Seberang Perai Utara, Penang recorded 1 Double Storey Shop properties subsale transactions between 2021 and 2025 for double storey shop properties, with a median price of RM 1.60 million and a median price per square foot (PSF) of RM 563.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat.

Within the Double Storey Shop category, 2 - 2 1/2 storey shop dominated the market, with high diversity across multiple property types.

For price per square foot, the median is RM 563, with most transactions between RM 563 and RM 563. The usual range is RM 401.75 to RM 724.25, showing that most units are priced quite close to each other. With an IQR of RM 322.50 and MAD of RM 0, 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. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN BUNGA MERAH, Seberang Perai Utara, Penang

OSM

Transactions

1 transactions grouped by size

Price Range

Clear

Size Range (sqft)

Clear
2,850 sqft
Double Storey Shop
RM 1,600,000
JALAN NEW FERRY
2,842 sqft · RM 563.00 PSF
Dec 2023