| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Vervea 9
|
RM 1,830,000
|
RM 508
|
3,606 sqft
|
|
|
|
Jalan Vervea 2
|
RM 1,580,000
|
RM 438
|
3,606 sqft
|
|
|
|
Jalan Vervea 9
|
RM 1,950,000
|
RM 541
|
3,606 sqft
|
|
|
|
Jalan Vervea 3
|
RM 1,250,000
|
RM 347
|
3,606 sqft
|
|
|
|
Jalan Vervea 9
|
RM 1,230,000
|
RM 341
|
3,606 sqft
|
|
|
|
Jalan Vervea 9
|
RM 1,850,000
|
RM 513
|
3,606 sqft
|
|
|
Jalan Vervea 13
|
RM 2,253,000
|
RM 581
|
3,875 sqft
|
|
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Market Snapshot
CommercialRM 1,515,000
RM 420 psfMedian transaction price
Jln Vervea 13, Pulau Pinang, Malaysia
MapsVervea in Seberang Perai Selatan, Penang recorded 24 3-Storey Shop properties subsale transactions between 2021 and 2026, with a median price of RM 1.52 million and a median price per square foot (PSF) of RM 420.
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 1.52 million, with most transactions falling within a stable range of RM 1.23 million to RM 1.80 million, and a typical market range of RM 1.24 million to RM 1.79 million.
Within the 3-Storey Shop category, 3 - 3 1/2 storey shop dominated the market, with moderate diversity in property types available.
The median PSF stands at RM 420, with core pricing between RM 346 and RM 494. Market pricing typically extends from RM 160.14 to RM 680.14, reflecting moderate variation in unit pricing. The spread of RM 520.00 (IQR) and deviation of RM 74 (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.