LIST

Penang, Seberang Perai Selatan, 13

VERVEA

Area Intelligence
2022
Median Price
RM 1,465,000
PSF: RM 1,205
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Commercial PSF Trends

Median Price

RM 1,465,000

RM 1,205 PSF

VERVEA in Seberang Perai Selatan, Penang recorded 16 subsale transactions in 2022, with a median price of RM 1.47 million and a median price per square foot (PSF) of RM 1,205.

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 1.47 million, with most transactions falling within a stable range of RM 1.22 million to RM 1.72 million, and a typical market range of RM 1.20 million to RM 1.73 million.

Most transactions involved 3 - 3 1/2 storey shop, though some variety exists in the market.

Price per square foot shows a median of RM 1,205, though individual units vary from RM 955 to RM 1,455 in the core range. The broader market spans RM 957.50 to RM 1,451.50, indicating diverse property characteristics. 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. Limited transaction history suggests carefully evaluating comparable sales data.

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VERVEA, Seberang Perai Selatan, Penang

OSM

Track location

Transactions

15 transactions grouped by size

View Type

Grouped View Individual View

Property Type

All Types
Categories
Residential Commercial
Specific Types
Single Storey Semi-D Single Storey Shop Single Storey Terraced Double Storey Semi-D Double Storey Shop Double Storey Terraced 3-Storey Shop 4-Storey Shop 5-Storey Shop 6-Storey Shop Cluster House Condo/Apartment Bungalow Detached Factory Flat Industrial Unit Low-Cost Flat Low-Cost House Office Lot SOHO/SOFO/SOVO Semi-D Factory Service Apartment Shop/Retail Lot Terraced Factory Town House

Year

All Years 2025 2024 2023 2022 2021
Popular Ranges
Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+
Custom Range
Clear

Size Range (sqft)

Popular Ranges
Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft
Custom Range
Clear
1,150 sqft
RM 1,350,000
JALAN VERVEA 9
1,154 sqft · RM 1,170 PSF
RM 1,280,000
JALAN VERVEA 3
1,154 sqft · RM 1,109 PSF
RM 1,380,000
JALAN VERVEA 3
1,154 sqft · RM 1,196 PSF
RM 1,530,000
JALAN VERVEA 9
1,154 sqft · RM 1,326 PSF
RM 1,250,000
JALAN VERVEA 11
1,154 sqft · RM 1,083 PSF
RM 1,350,000
JALAN VERVEA 3
1,154 sqft · RM 1,170 PSF
View 6 more transactions
1,350 sqft
3-Storey Shop
RM 1,780,000
JALAN VERVEA 13
1,334 sqft · RM 1,334 PSF
3,300 sqft
3-Storey Shop
RM 1,240,000
JALAN VERVEA 7
3,300 sqft · RM 376 PSF
12,400 sqft
4-Storey Shop
RM 1,800,000
JALAN VERVEA 3
12,422 sqft · RM 145 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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