Taman Bunga Merah

Taman Sri Bunga, 11900 Bayan Lepas, Pulau Pinang, Malaysia

Property Transactions

3 subsales grouped by size

Period
transactions middle 50% (P25–P75)
4,050 sqft
3-Sty Shop
RM903,000
Jalan Mewah 2
4,058 sqft · RM223 PSF
4,900 sqft
4-Sty Shop
RM1,600,000
Jalan New Ferry
4,898 sqft · RM327 PSF
5,300 sqft
2-Sty Shop
RM1,600,000
Jalan New Ferry
5,317 sqft · RM301 PSF
Legend Recent Highest Price Highest PSF

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Taman Bunga Merah, Taman Sri Bunga, 11900 Bayan Lepas, Pulau Pinang, Malaysia

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Taman Bunga Merah in Seberang Perai Utara, Penang recorded 3 subsale transactions between 2021 and 2026, with a median price of RM1.60 million and a median price per square foot (PSF) of RM301.

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

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

Most transactions involved 2 - 2 1/2 storey shop, with high diversity across multiple property types.

Price per square foot shows a median of RM301, though individual units vary from RM219 to RM383 in the core range. The broader market spans RM139.65 to RM462.15, indicating diverse property characteristics. A wider spread (IQR: RM322.50) and deviation (MAD: RM82) indicate significant PSF variations, likely due to diverse property types or conditions.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.