Pusat Perniagaan Gemilang
14000 Bukit Mertajam, Pulau Pinang, Malaysia
14000 Bukit Mertajam, Pulau Pinang, Malaysia
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Market Snapshot
CommercialRM 1,500,000
RM 819 psfMedian transaction price
Pusat Perniagaan Gemilang, 14000 Bukit Mertajam, Pulau Pinang, Malaysia
MapsPusat Perniagaan Gemilang in Seberang Perai Tengah, Penang recorded 0 subsale transactions in 2024, with a median price of RM 1.50 million and a median price per square foot (PSF) of RM 819.
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 1.50 million, with most transactions falling within a stable range of RM 1.33 million to RM 1.68 million, and a typical market range of RM 1.21 million to RM 1.79 million.
Most transactions involved 2 - 2 1/2 storey shop, with minimal variety in property types.
The median PSF stands at RM 819, with core pricing between RM 728 and RM 910. Market pricing typically extends from RM 698.88 to RM 939.13, reflecting moderate variation in unit pricing. With an IQR of RM 240.25 and MAD of RM 91, the PSF demonstrates reasonable consistency across the market.
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.