| Road | Price | PSF | Size | Date | Type |
|---|
|
-
|
RM 1,210,000
|
RM 335
|
3,608 sqft
|
|
Shop |
|
Jalan Vervea 9
|
RM 1,830,000
|
RM 508
|
3,606 sqft
|
|
3-Sty Shop |
|
Jalan Vervea 2
|
RM 1,580,000
|
RM 438
|
3,606 sqft
|
|
3-Sty Shop |
|
Jalan Vervea 9
|
RM 1,950,000
|
RM 541
|
3,606 sqft
|
|
3-Sty Shop |
|
Jalan Vervea 3
|
RM 1,250,000
|
RM 347
|
3,606 sqft
|
|
3-Sty Shop |
|
Jalan Vervea 9
|
RM 1,230,000
|
RM 341
|
3,606 sqft
|
|
3-Sty Shop |
|
Jalan Vervea 9
|
RM 1,850,000
|
RM 513
|
3,606 sqft
|
|
3-Sty Shop |
|
Jalan Vervea 9
|
RM 1,850,000
|
RM 513
|
3,606 sqft
|
|
3-Sty Shop |
|
Jalan Vervea 13
|
RM 2,253,000
|
RM 581
|
3,875 sqft
|
|
|
Jalan Vervea 9
|
RM 2,000,000
|
RM 449
|
4,456 sqft
|
|
|
|
Jalan Vervea 3
|
RM 3,705,000
|
RM 831
|
4,456 sqft
|
|
|
Jalan Vervea 11
|
RM 2,280,000
|
RM 417
|
5,468 sqft
|
|
|
Jalan Vervea 9
|
RM 2,700,000
|
RM 484
|
5,576 sqft
|
|
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Market Snapshot
CommercialRM 1,850,000
RM 467 psfMedian transaction price
Jln Vervea 13, Pulau Pinang, Malaysia
MapsVervea in Seberang Perai Selatan, Penang recorded 14 subsale transactions between 2021 and 2026, with a median price of RM 1.85 million and a median price per square foot (PSF) of RM 467.
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 1.85 million, with most transactions falling within a stable range of RM 1.21 million to RM 2.50 million, and a typical market range of RM 1.58 million to RM 2.13 million.
Most transactions involved 3 - 3 1/2 storey shop, with moderate diversity in property types available.
Price per square foot shows a median of RM 467, though individual units vary from RM 343 to RM 590 in the core range. The broader market spans RM 206.53 to RM 726.53, indicating diverse property characteristics. A wider spread (IQR: RM 520.00) and deviation (MAD: RM 123) indicate significant PSF variations, likely due to diverse property types or conditions.
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.