Kaw P'gaan Simpang Empat

15, Jalan Simpang Ampat, Taman Merak, 14100 Simpang Ampat, Pulau Pinang, Malaysia

Property Transactions

2 subsales grouped by size

Median
RM 457,500
PSF
RM 172
Price Size
Period
transactions middle 50% (P25–P75)
2,650 sqft
2-Sty Shop
RM 465,000
Lorong Keruing 2
2,659 sqft · RM 175 PSF
RM 450,000
Lorong Keruing 2
2,659 sqft · RM 169 PSF
Legend Recent Highest Price Highest PSF

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Kaw P'gaan Simpang Empat
© OpenStreetMap · CARTO

15, Jalan Simpang Ampat, Taman Merak, 14100 Simpang Ampat, Pulau Pinang, Malaysia

Maps

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 172.

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 450K to RM 465K.

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

For price per square foot, the median is RM 172, with most transactions between RM 169 and RM 175. The usual range is RM 164.08 to RM 180.08, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 16.00 and an average deviation (MAD) of RM 3 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.