1 CITY (PUSAT PERNIAGAAN SERI JURU)

1 CITY (PUSAT PERNIAGAAN SERI JURU) in Seberang Perai Tengah, Penang recorded 3 subsale transactions in 2024, with a median price of RM 1.00 million and a median price per square foot (PSF) of RM 715.

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 1.00 million, with most transactions falling within a stable range of RM 900K to RM 1.14 million, and a typical market range of RM 995K to RM 1.01 million.

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

The median PSF stands at RM 715, with core pricing between RM 587 and RM 843. Market pricing typically extends from RM 686.50 to RM 743.50, reflecting moderate variation in unit pricing. The spread of RM 57.00 (IQR) and deviation of RM 128 (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.