1 CITY (PUSAT PERNIAGAAN SERI JURU)

1 CITY (PUSAT PERNIAGAAN SERI JURU) in Seberang Perai Tengah, Penang recorded 11 subsale transactions in 2023, with a median price of RM 938K and a median price per square foot (PSF) of RM 670.

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 938K, with most transactions falling within a stable range of RM 938K to RM 1.24 million, and a typical market range of RM 938K to RM 943K.

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

The median PSF stands at RM 670, with core pricing between RM 554 and RM 786. Market pricing typically extends from RM 641.50 to RM 698.50, reflecting moderate variation in unit pricing. The spread of RM 57.00 (IQR) and deviation of RM 116 (MAD) suggest moderate price variations reflecting different property features.

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.