TAMAN BUNGA MERAH

TAMAN BUNGA MERAH in Seberang Perai Utara, Penang recorded 1 3-Storey Shop properties subsale transactions between 2021 and 2025 for 3-storey shop properties, with a median price of RM 903K and a median price per square foot (PSF) of RM 645.

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

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

Within the 3-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 645, with most transactions between RM 645 and RM 645. The usual range is RM 483.75 to RM 806.25, 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.