KAW P'HAAN PRAI(FTZ) in Seberang Perai Tengah, Penang recorded 0 SOHO/SOFO/SOVO properties subsale transactions between 2021 and 2025 for soho/sofo/sovo properties, with a median price of RM 20.75 million and a median price per square foot (PSF) of RM 75.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 20.75 million, with most transactions falling within a stable range of RM 17.26 million to RM 24.24 million, and a typical market range of RM 17.69 million to RM 23.81 million.
Within the SOHO/SOFO/SOVO category, detached factory/warehouse dominated the market, with minimal variety in property types.
Price per square foot shows a median of RM 75, though individual units vary from RM 53 to RM 97 in the core range. The broader market spans RM 49.75 to RM 100.25, indicating diverse property characteristics. A wider spread (IQR: RM 50.50) and deviation (MAD: RM 22) indicate significant PSF variations, likely due to diverse property types or conditions.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.
