BATU KAWAN SME

Area Intelligence
2022
Median Price
RM 10,800,000
PSF: RM 266

Commercial PSF Trends

Median Price

RM 10,800,000

RM 266 PSF

BATU KAWAN SME in Seberang Perai Selatan, Penang recorded 1 subsale transactions in 2022, with a median price of RM 10.80 million and a median price per square foot (PSF) of RM 266.

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 RM 10.80 million, with most transactions falling within a stable range of RM 9.04 million to RM 12.56 million, and a typical market range of RM 9.92 million to RM 11.68 million.

Most transactions involved semi-detached factory/warehouse, with high diversity across multiple property types.

The median PSF stands at RM 266, with core pricing between RM 231 and RM 301. Market pricing typically extends from RM 199.50 to RM 332.50, reflecting moderate variation in unit pricing. With an IQR of RM 133.00 and MAD of RM 35, 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

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BATU KAWAN SME, Seberang Perai Selatan, Penang

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