Taman Niagajaya

29-31, Lorong Usahaniaga 4, Taman Usahaniaga, 14000 Bukit Mertajam, Pulau Pinang, Malaysia

Property Transactions

7 subsales grouped by size

Median
RM500,000
PSF
RM200
Period
transactions middle 50% (P25–P75)
1,050 sqft
Condo
RM275,000
Level 4
1,044 sqft · RM263 PSF
RM280,000
Level 5
1,044 sqft · RM268 PSF
RM265,000
Level 4
1,044 sqft · RM254 PSF
3,500 sqft
3-Sty Shop
RM680,000
Lorong Usahaniaga 5
3,477 sqft · RM196 PSF
RM695,000
Lorong Usahaniaga 5
3,477 sqft · RM200 PSF
RM600,000
Lorong Usahaniaga 5
3,477 sqft · RM173 PSF
RM500,000
Lorong Usahaniaga 5
3,477 sqft · RM144 PSF
Legend Recent Highest Price Highest PSF

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Taman Niagajaya
© OpenStreetMap · CARTO

29-31, Lorong Usahaniaga 4, Taman Usahaniaga, 14000 Bukit Mertajam, Pulau Pinang, Malaysia

Maps

Taman Niagajaya in Seberang Perai Tengah, Penang recorded 7 subsale transactions between 2021 and 2026, with a median price of RM500K and a median price per square foot (PSF) of RM200.

This area contains both residential and commercial properties. View 3 residential properties or 4 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM500K, with most transactions falling within a stable range of RM305K to RM695K, and a typical market range of RM319K to RM681K.

Most transactions involved 3 - 3 1/2 storey shop, though some variety exists in the market.

Price per square foot shows a median of RM200, though individual units vary from RM80 to RM320 in the core range. The broader market spans RM76.90 to RM322.90, indicating diverse property characteristics. A wider spread (IQR: RM246.00) and deviation (MAD: RM120) indicate significant PSF variations, likely due to diverse property types or conditions.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.