Penang
Seberang Perai Selatan
14
PUSAT PERNIAGAAN TAMAN MERAK

PUSAT PERNIAGAAN TAMAN MERAK

Area Intelligence

Median Price

RM 500,000

PSF: RM 418

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Commercial PSF Trends

Median Price

RM 500,000

RM 418 PSF

PUSAT PERNIAGAAN TAMAN MERAK in Seberang Perai Selatan, Penang recorded 3 subsale transactions between 2021 and 2025, with a median price of RM 500K and a median price per square foot (PSF) of RM 418.

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 500K, with most transactions falling within a stable range of RM 425K to RM 500K, and a typical market range of RM 399K to RM 500K.

Most transactions involved 2 - 2 1/2 storey shop, with minimal variety in property types.

The median PSF stands at RM 418, with core pricing between RM 364 and RM 472. Market pricing typically extends from RM 360.50 to RM 475.50, reflecting moderate variation in unit pricing. With an IQR of RM 115.00 and MAD of RM 54, the PSF demonstrates reasonable consistency across the market.

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.

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PUSAT PERNIAGAAN TAMAN MERAK, Seberang Perai Selatan, Penang

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