Area Intelligence

TMN KOTA BUNGA RAYA

1 properties
2023
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Median Price
RM 1,980,000
PSF: RM 829

Commercial Market

Median Price

RM 1,980,000

IQR: RM 126
MAD: RM 126
RM 829 PSF 30.4%

PSF Trends (2021-2025)

TMN KOTA BUNGA RAYA in Seberang Perai Utara, Penang recorded 1 subsale transactions in 2023, with a median price of RM 1.98 million and a median price per square foot (PSF) of RM 829.

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

For price per square foot, the median is RM 829, with most transactions between RM 829 and RM 829. The usual range is RM 766.00 to RM 892.00, showing that most units are priced quite close to each other. With an IQR of RM 126.00 and MAD of RM 0, 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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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TMN KOTA BUNGA RAYA, Seberang Perai Utara, Penang

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Transactions

1 properties grouped by size

2,400 sqft
1 units Terraced Factory
RM 1,980,000
JLN RAJA UDA
2,390 sqft · RM 829.00 PSF
Aug 2023