Vervea

Jln Vervea 13, Pulau Pinang, Malaysia

Property Transactions

4 subsales grouped by size · 3-Sty Shop →

Median
RM 1,776,500
PSF
RM 405
Price Size
Period
transactions middle 50% (P25–P75)
3,300 sqft
Shop
RM 1,300,000
Level 1
3,305 sqft · RM 393 PSF
3,600 sqft
Shop
RM 1,210,000
Level G
3,608 sqft · RM 335 PSF
3,900 sqft
3-Sty Shop
RM 2,253,000
Jalan Vervea 13
3,875 sqft · RM 581 PSF
5,450 sqft
4-Sty Shop
RM 2,280,000
Jalan Vervea 11
5,468 sqft · RM 417 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Commercial

RM 1,776,500

RM 405 psf

Median transaction price

Low

Rental Yield Data

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Jln Vervea 13, Pulau Pinang, Malaysia

Maps

Vervea in Seberang Perai Selatan, Penang recorded 4 subsale transactions between 2021 and 2026, with a median price of RM 1.78 million and a median price per square foot (PSF) of RM 405.

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 1.78 million, with most transactions falling within a stable range of RM 1.27 million to RM 2.28 million, and a typical market range of RM 1.50 million to RM 2.05 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 405, though individual units vary from RM 314 to RM 496 in the core range. The broader market spans RM 144.98 to RM 664.98, indicating diverse property characteristics. The spread of RM 520.00 (IQR) and deviation of RM 91 (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. Limited transaction history suggests carefully evaluating comparable sales data.