Taman Kota Bunga Raya in Seberang Perai Utara, Penang recorded 0 subsale transactions in 2021, with a median price of RM1.49 million and a median price per square foot (PSF) of RM703.

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

Price remained flat, and PSF growth was PSF remained flat. The median price is RM1.49 million, with most transactions falling within a stable range of RM1.00 million to RM1.98 million, and a typical market range of RM1.25 million to RM1.74 million.

Most transactions involved terraced factory/warehouse, with minimal variety in property types.

The median PSF stands at RM703, with core pricing between RM577 and RM829. Market pricing typically extends from RM640.00 to RM766.00, reflecting moderate variation in unit pricing. The spread of RM126.00 (IQR) and deviation of RM126 (MAD) suggest moderate price variations reflecting different property features.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.