Taman Penaga Ria

12A, Jln Taman Penaga Ria, Taman Penaga Ria, 13100 Penaga, Pulau Pinang, Malaysia

Property Transactions

2 subsales grouped by size

Price Size
Period
transactions middle 50% (P25–P75)
1,150 sqft
2-Sty Shop
RM250,000
Lorong Penaga Permai
1,152 sqft · RM217 PSF
RM135,000
Lorong Penaga Permai
1,152 sqft · RM117 PSF
Legend Recent Highest Price Highest PSF

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12A, Jln Taman Penaga Ria, Taman Penaga Ria, 13100 Penaga, Pulau Pinang, Malaysia

Maps

Taman Penaga Ria in Seberang Perai Utara, Penang recorded 2 Double Storey Shop properties subsale transactions between 2021 and 2026, with a median price of RM193K and a median price per square foot (PSF) of RM167.

This area contains both residential and commercial properties. View 4 residential properties or 2 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM193K, with most transactions falling within a stable range of RM135K to RM250K, and a typical market range of RM135K to RM250K.

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

Price per square foot shows a median of RM167, though individual units vary from RM117 to RM217 in the core range. The broader market spans RM93.64 to RM240.64, indicating diverse property characteristics. A wider spread (IQR: RM147.00) and deviation (MAD: RM50) 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.