Penang
Seberang Perai Selatan
15
KAW P'GAAN SIMPANG EMPAT

KAW P'GAAN SIMPANG EMPAT

Area Intelligence

2023

Median Price

RM 457,500

PSF: RM 327

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Commercial PSF Trends

Median Price

RM 457,500

RM 327 PSF

KAW P'GAAN SIMPANG EMPAT in Seberang Perai Selatan, Penang recorded 2 subsale transactions in 2023, with a median price of RM 458K and a median price per square foot (PSF) of RM 327.

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 458K, with most transactions falling within a stable range of RM 450K to RM 465K, and a typical market range of RM 454K to RM 461K.

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

For price per square foot, the median is RM 327, with most transactions between RM 322 and RM 332. The usual range is RM 318.38 to RM 335.63, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 17.25 and an average deviation (MAD) of RM 5 indicate a highly stable PSF trend across properties.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

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KAW P'GAAN SIMPANG EMPAT, Seberang Perai Selatan, Penang

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