Penang
Seberang Perai Selatan
15
PUSAT PERNIAGAAN STAR AVENUE

PUSAT PERNIAGAAN STAR AVENUE

Area Intelligence

2022

Median Price

RM 1,037,500

PSF: RM 240

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Commercial PSF Trends

Median Price

RM 1,037,500

RM 240 PSF

PUSAT PERNIAGAAN STAR AVENUE in Seberang Perai Selatan, Penang recorded 4 subsale transactions in 2022, with a median price of RM 1.04 million and a median price per square foot (PSF) of RM 240.

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 1.04 million, with most transactions falling within a stable range of RM 1.03 million to RM 985K, and a typical market range of RM 960K to RM 985K.

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

For price per square foot, the median is RM 240, with most transactions between RM 236 and RM 243. The usual range is RM 214.50 to RM 264.50, showing that most units are priced quite close to each other. With an IQR of RM 50.00 and MAD of RM 4, the PSF demonstrates reasonable consistency across the market.

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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PUSAT PERNIAGAAN STAR AVENUE, Seberang Perai Selatan, Penang

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