Vervea

Jln Vervea 13, Pulau Pinang, Malaysia

Property Transactions

7 subsales grouped by size

Median
RM 2,280,000
PSF
RM 449
Price Size
Period
transactions middle 50% (P25–P75)
4,450 sqft
4-Sty Shop
RM 2,000,000
Jalan Vervea 9
4,456 sqft · RM 449 PSF
RM 3,705,000
Jalan Vervea 3
4,456 sqft · RM 831 PSF
RM 2,330,000
Jalan Vervea 3
4,456 sqft · RM 523 PSF
RM 1,800,000
Jalan Vervea 3
4,456 sqft · RM 404 PSF
RM 1,850,000
Jalan Vervea 10
4,456 sqft · RM 415 PSF
5,450 sqft
4-Sty Shop
RM 2,280,000
Jalan Vervea 11
5,468 sqft · RM 417 PSF
5,600 sqft
4-Sty Shop
RM 2,700,000
Jalan Vervea 9
5,576 sqft · RM 484 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Commercial

RM 2,280,000

RM 449 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 7 4-Storey Shop properties subsale transactions between 2021 and 2026, with a median price of RM 2.28 million and a median price per square foot (PSF) of RM 449.

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 2.28 million, with most transactions falling within a stable range of RM 1.80 million to RM 2.89 million, and a typical market range of RM 2.01 million to RM 2.56 million.

Within the 4-Storey Shop category, 3 - 3 1/2 storey shop dominated the market, with moderate diversity in property types available.

Price per square foot shows a median of RM 449, though individual units vary from RM 309 to RM 588 in the core range. The broader market spans RM 188.81 to RM 708.81, indicating diverse property characteristics. A wider spread (IQR: RM 520.00) and deviation (MAD: RM 140) indicate significant PSF variations, likely due to diverse property types or conditions.

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.