TAMAN HONG

Area Intelligence
3-Storey Shop
Median Price
RM 620,000
PSF: RM 457

Residential PSF Trends

Median Price

RM 415,000

PSF: RM 280

Commercial PSF Trends

Median Price

RM 620,000

RM 457 PSF

TAMAN HONG in Seberang Perai Utara, Penang recorded 5 3-Storey Shop properties subsale transactions between 2021 and 2025 for 3-storey shop properties, with a median price of RM 620K and a median price per square foot (PSF) of RM 457.

This area contains both residential and commercial properties. View 2 residential properties or 5 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 620K, with most transactions falling within a stable range of RM 568K to RM 672K, and a typical market range of RM 560K to RM 693K.

Within the 3-Storey Shop category, 3 - 3 1/2 storey shop dominated the market, though some variety exists in the market.

For price per square foot, the median is RM 457, with most transactions between RM 413 and RM 501. The usual range is RM 396.00 to RM 518.00, showing that most units are priced quite close to each other. With an IQR of RM 122.00 and MAD of RM 44, 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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

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TAMAN HONG, Seberang Perai Utara, Penang

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Transactions

5 transactions grouped by size

1,350 sqft
3-Storey Shop
RM 620,000
JALAN LIMBUNGAN
1,356 sqft · RM 457 PSF
1,400 sqft
3-Storey Shop
RM 700,000
JALAN LIMBUNGAN
1,399 sqft · RM 500 PSF
RM 680,000
JALAN LIMBUNGAN
1,399 sqft · RM 486 PSF
RM 600,000
JALAN LIMBUNGAN
1,399 sqft · RM 429 PSF
1,500 sqft
3-Storey Shop
RM 560,000
JALAN LIMBUNGAN
1,485 sqft · RM 377 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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