TAMAN LEAN FUNG (BW SEC. 1) in Seberang Perai Utara, Penang recorded 0 Office Lot properties subsale transactions between 2021 and 2025 for office lot properties, with a median price of RM 645K and a median price per square foot (PSF) of RM 461.
This area consists exclusively of residential properties, with no commercial listings recorded.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 645K, with most transactions falling within a stable range of RM 590K to RM 700K, and a typical market range of RM 575K to RM 715K.
Within the Office Lot category, 2 - 2 1/2 storey terraced dominated the market, though some variety exists in the market.
For price per square foot, the median is RM 461, with most transactions between RM 422 and RM 500. The usual range is RM 411.00 to RM 511.00, showing that most units are priced quite close to each other. With an IQR of RM 100.00 and MAD of RM 39, 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.
