PUSAT PERNIAGAAN TAMAN MERAK

PUSAT PERNIAGAAN TAMAN MERAK in Seberang Perai Selatan, Penang recorded 3 Double Storey Shop properties subsale transactions between 2021 and 2025 for double storey shop properties, 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 350K to RM 667K, and a typical market range of RM 399K to RM 601K.

Within the Double Storey Shop category, 2 - 2 1/2 storey shop dominated the market, with minimal variety in property types.

Price per square foot shows a median of RM 418, though individual units vary from RM 324 to RM 512 in the core range. The broader market spans RM 360.50 to RM 475.50, indicating diverse property characteristics. The spread of RM 115.00 (IQR) and deviation of RM 94 (MAD) suggest moderate price variations reflecting different property features.

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.