Taman Bunga Merah in Seberang Perai Utara, Penang recorded 1 4-Storey Shop properties subsale transactions between 2021 and 2026, with a median price of RM1.60 million and a median price per square foot (PSF) of RM327.

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

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

Within the 4-Storey Shop category, 2 - 2 1/2 storey shop dominated the market, with high diversity across multiple property types.

For price per square foot, the median is RM327, with most transactions between RM327 and RM327. The usual range is RM165.44 to RM487.94, showing that most units are priced quite close to each other. With an IQR of RM322.50 and MAD of RM0, 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. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.