VERVEA Property Investment Analysis
Median Price
RM 1,600,000
CAGR
+12.6%
Median PSF
RM 1,326.00
CAGR
+22.1%
Transactions
31
Period
2021-2025
MEDIAN PRICE
RM 1,600,000
Growth (CAGR):
+12.59%
Stable Range (MAD)
RM 1,350K -
1,850K
±RM 250K
Typical Range (IQR)
RM 1,338K -
1,863K
50% of properties
Growth Period
(2021-2024)
Start:
RM 1,440K
End:
RM 2,055K
MEDIAN PSQFT
RM 1,326.00
Growth (CAGR):
+22.12%
Stable Range (MAD)
RM 1,076.00 -
1,576.00
±RM 250.00
Typical Range (IQR)
RM 1,079.00 -
1,573.00
50% of properties
Growth Period
(2021-2024)
Start:
RM 859.00
End:
RM 1,564.50
TOTAL TRANSACTIONS
31
PERIOD
2021 - 2025
VERVEA in Seberang Perai Selatan, Penang recorded 31 subsale transactions between 2021 and 2025, with a median price of RM 1.60 million and a median price per square foot (PSF) of RM 1,326.
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 1.60 million, with most transactions falling within a stable range of RM 1.35 million to RM 1.85 million, and a typical market range of RM 1.34 million to RM 1.86 million.
Most transactions involved 3 - 3 1/2 storey shop, though some variety exists in the market.
The median PSF stands at RM 1,326, with core pricing between RM 1,076 and RM 1,576. Market pricing typically extends from RM 1,079.00 to RM 1,573.00, reflecting moderate variation in unit pricing. The spread of RM 494.00 (IQR) and deviation of RM 250 (MAD) suggest moderate price variations reflecting different property features.
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. Moderate transaction volume may require patience when buying or selling.
ADVANCED FILTERS
TRANSACTIONS
31 found
Shop Unit/Retail Lot
RM 1,210,000
PSF:
RM 335.00
Area:
3,608 sqft
Date:
Feb 2025
4 - 4 1/2 Storey Shop
JALAN VERVEA 11
RM 2,280,000
PSF:
RM 1,543.00
Area:
1,478 sqft
Date:
Jun 2024
3 - 3 1/2 Storey Shop
JALAN VERVEA 9
RM 1,830,000
PSF:
RM 1,586.00
Area:
1,154 sqft
Date:
Jan 2024
4 - 4 1/2 Storey Shop
JALAN VERVEA 9
RM 2,000,000
PSF:
RM 1,733.00
Area:
1,154 sqft
Date:
Dec 2023
3 - 3 1/2 Storey Shop
JALAN VERVEA 2
RM 1,580,000
PSF:
RM 1,184.00
Area:
1,334 sqft
Date:
Dec 2023
4 - 4 1/2 Storey Shop
JALAN VERVEA 9
RM 2,700,000
PSF:
RM 1,799.00
Area:
1,501 sqft
Date:
Nov 2023
3 - 3 1/2 Storey Shop
JALAN VERVEA 9
RM 1,950,000
PSF:
RM 1,690.00
Area:
1,154 sqft
Date:
Nov 2023
3 - 3 1/2 Storey Shop
JALAN VERVEA 3
RM 1,250,000
PSF:
RM 1,083.00
Area:
1,154 sqft
Date:
Aug 2023
4 - 4 1/2 Storey Shop
JALAN VERVEA 3
RM 3,705,000
PSF:
RM 2,507.00
Area:
1,478 sqft
Date:
Aug 2023
3 - 3 1/2 Storey Shop
JALAN VERVEA 9
RM 1,230,000
PSF:
RM 1,066.00
Area:
1,154 sqft
Date:
Jun 2023
3 - 3 1/2 Storey Shop
JALAN VERVEA 9
RM 1,850,000
PSF:
RM 1,603.00
Area:
1,154 sqft
Date:
May 2023
3 - 3 1/2 Storey Shop
JALAN VERVEA 9
RM 1,850,000
PSF:
RM 1,603.00
Area:
1,154 sqft
Date:
May 2023
3 - 3 1/2 Storey Shop
JALAN VERVEA 9
RM 1,600,000
PSF:
RM 1,386.00
Area:
1,154 sqft
Date:
Mar 2023
3 - 3 1/2 Storey Shop
JALAN VERVEA 9
RM 1,350,000
PSF:
RM 1,170.00
Area:
1,154 sqft
Date:
Nov 2022
3 - 3 1/2 Storey Shop
JALAN VERVEA 3
RM 1,280,000
PSF:
RM 1,109.00
Area:
1,154 sqft
Date:
Oct 2022
4 - 4 1/2 Storey Shop
JALAN VERVEA 3
RM 2,330,000
PSF:
RM 1,576.00
Area:
1,478 sqft
Date:
Oct 2022
3 - 3 1/2 Storey Shop
JALAN VERVEA 3
RM 1,380,000
PSF:
RM 1,196.00
Area:
1,154 sqft
Date:
Sep 2022
3 - 3 1/2 Storey Shop
JALAN VERVEA 11
RM 1,250,000
PSF:
RM 1,083.00
Area:
1,154 sqft
Date:
Aug 2022
4 - 4 1/2 Storey Shop
JALAN VERVEA 3
RM 1,800,000
PSF:
RM 145.00
Area:
12,422 sqft
Date:
Aug 2022
3 - 3 1/2 Storey Shop
JALAN VERVEA 13
RM 1,780,000
PSF:
RM 1,334.00
Area:
1,334 sqft
Date:
Aug 2022
3 - 3 1/2 Storey Shop
JALAN VERVEA 9
RM 1,530,000
PSF:
RM 1,326.00
Area:
1,154 sqft
Date:
Aug 2022
3 - 3 1/2 Storey Shop
JALAN VERVEA 7
RM 1,240,000
PSF:
RM 376.00
Area:
3,300 sqft
Date:
Jul 2022
3 - 3 1/2 Storey Shop
JALAN VERVEA 3
RM 1,350,000
PSF:
RM 1,170.00
Area:
1,154 sqft
Date:
Jul 2022
3 - 3 1/2 Storey Shop
JALAN VERVEA 11
RM 1,280,000
PSF:
RM 1,109.00
Area:
1,154 sqft
Date:
Jun 2022
3 - 3 1/2 Storey Shop
JALAN VERVEA 10
RM 1,400,000
PSF:
RM 1,213.00
Area:
1,154 sqft
Date:
May 2022
4 - 4 1/2 Storey Shop
JALAN VERVEA 10
RM 1,850,000
PSF:
RM 1,603.00
Area:
1,154 sqft
Date:
Apr 2022
3 - 3 1/2 Storey Shop
JALAN VERVEA 9
RM 1,600,000
PSF:
RM 1,386.00
Area:
1,154 sqft
Date:
Mar 2022
3 - 3 1/2 Storey Shop
JALAN VERVEA 9
RM 1,900,000
PSF:
RM 1,646.00
Area:
1,154 sqft
Date:
Mar 2022
3 - 3 1/2 Storey Shop
JALAN VERVEA 9
RM 1,900,000
PSF:
RM 1,646.00
Area:
1,154 sqft
Date:
Feb 2022
3 - 3 1/2 Storey Shop
JALAN VERVEA 9
RM 1,500,000
PSF:
RM 1,300.00
Area:
1,154 sqft
Date:
Dec 2021
3 - 3 1/2 Storey Shop
JALAN VERVEA 7
RM 1,380,000
PSF:
RM 418.00
Area:
3,300 sqft
Date:
Aug 2021
|
Type
|
Road
|
Price
|
PSF
|
Area
|
Date
|
|---|---|---|---|---|---|
| Shop Unit/Retail Lot |
|
RM 1,210,000
|
RM 335.00
|
3,608 sqft
|
Feb 2025
|
| 4 - 4 1/2 Storey Shop |
JALAN VERVEA 11
|
RM 2,280,000
|
RM 1,543.00
|
1,478 sqft
|
Jun 2024
|
| 3 - 3 1/2 Storey Shop |
JALAN VERVEA 9
|
RM 1,830,000
|
RM 1,586.00
|
1,154 sqft
|
Jan 2024
|
| 4 - 4 1/2 Storey Shop |
JALAN VERVEA 9
|
RM 2,000,000
|
RM 1,733.00
|
1,154 sqft
|
Dec 2023
|
| 3 - 3 1/2 Storey Shop |
JALAN VERVEA 2
|
RM 1,580,000
|
RM 1,184.00
|
1,334 sqft
|
Dec 2023
|
| 4 - 4 1/2 Storey Shop |
JALAN VERVEA 9
|
RM 2,700,000
|
RM 1,799.00
|
1,501 sqft
|
Nov 2023
|
| 3 - 3 1/2 Storey Shop |
JALAN VERVEA 9
|
RM 1,950,000
|
RM 1,690.00
|
1,154 sqft
|
Nov 2023
|
| 3 - 3 1/2 Storey Shop |
JALAN VERVEA 3
|
RM 1,250,000
|
RM 1,083.00
|
1,154 sqft
|
Aug 2023
|
| 4 - 4 1/2 Storey Shop |
JALAN VERVEA 3
|
RM 3,705,000
|
RM 2,507.00
|
1,478 sqft
|
Aug 2023
|
| 3 - 3 1/2 Storey Shop |
JALAN VERVEA 9
|
RM 1,230,000
|
RM 1,066.00
|
1,154 sqft
|
Jun 2023
|
| 3 - 3 1/2 Storey Shop |
JALAN VERVEA 9
|
RM 1,850,000
|
RM 1,603.00
|
1,154 sqft
|
May 2023
|
| 3 - 3 1/2 Storey Shop |
JALAN VERVEA 9
|
RM 1,850,000
|
RM 1,603.00
|
1,154 sqft
|
May 2023
|
| 3 - 3 1/2 Storey Shop |
JALAN VERVEA 9
|
RM 1,600,000
|
RM 1,386.00
|
1,154 sqft
|
Mar 2023
|
| 3 - 3 1/2 Storey Shop |
JALAN VERVEA 9
|
RM 1,350,000
|
RM 1,170.00
|
1,154 sqft
|
Nov 2022
|
| 3 - 3 1/2 Storey Shop |
JALAN VERVEA 3
|
RM 1,280,000
|
RM 1,109.00
|
1,154 sqft
|
Oct 2022
|
| 4 - 4 1/2 Storey Shop |
JALAN VERVEA 3
|
RM 2,330,000
|
RM 1,576.00
|
1,478 sqft
|
Oct 2022
|
| 3 - 3 1/2 Storey Shop |
JALAN VERVEA 3
|
RM 1,380,000
|
RM 1,196.00
|
1,154 sqft
|
Sep 2022
|
| 3 - 3 1/2 Storey Shop |
JALAN VERVEA 11
|
RM 1,250,000
|
RM 1,083.00
|
1,154 sqft
|
Aug 2022
|
| 4 - 4 1/2 Storey Shop |
JALAN VERVEA 3
|
RM 1,800,000
|
RM 145.00
|
12,422 sqft
|
Aug 2022
|
| 3 - 3 1/2 Storey Shop |
JALAN VERVEA 13
|
RM 1,780,000
|
RM 1,334.00
|
1,334 sqft
|
Aug 2022
|
| 3 - 3 1/2 Storey Shop |
JALAN VERVEA 9
|
RM 1,530,000
|
RM 1,326.00
|
1,154 sqft
|
Aug 2022
|
| 3 - 3 1/2 Storey Shop |
JALAN VERVEA 7
|
RM 1,240,000
|
RM 376.00
|
3,300 sqft
|
Jul 2022
|
| 3 - 3 1/2 Storey Shop |
JALAN VERVEA 3
|
RM 1,350,000
|
RM 1,170.00
|
1,154 sqft
|
Jul 2022
|
| 3 - 3 1/2 Storey Shop |
JALAN VERVEA 11
|
RM 1,280,000
|
RM 1,109.00
|
1,154 sqft
|
Jun 2022
|
| 3 - 3 1/2 Storey Shop |
JALAN VERVEA 10
|
RM 1,400,000
|
RM 1,213.00
|
1,154 sqft
|
May 2022
|
| 4 - 4 1/2 Storey Shop |
JALAN VERVEA 10
|
RM 1,850,000
|
RM 1,603.00
|
1,154 sqft
|
Apr 2022
|
| 3 - 3 1/2 Storey Shop |
JALAN VERVEA 9
|
RM 1,600,000
|
RM 1,386.00
|
1,154 sqft
|
Mar 2022
|
| 3 - 3 1/2 Storey Shop |
JALAN VERVEA 9
|
RM 1,900,000
|
RM 1,646.00
|
1,154 sqft
|
Mar 2022
|
| 3 - 3 1/2 Storey Shop |
JALAN VERVEA 9
|
RM 1,900,000
|
RM 1,646.00
|
1,154 sqft
|
Feb 2022
|
| 3 - 3 1/2 Storey Shop |
JALAN VERVEA 9
|
RM 1,500,000
|
RM 1,300.00
|
1,154 sqft
|
Dec 2021
|
| 3 - 3 1/2 Storey Shop |
JALAN VERVEA 7
|
RM 1,380,000
|
RM 418.00
|
3,300 sqft
|
Aug 2021
|