Area Intelligence

1 CITY (PUSAT PERNIAGAAN SERI JURU)

2 properties
3-Storey Storey Shop
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Median Price
RM 1,710,000
PSF: RM 926

Commercial Market

Median Price

RM 1,710,000

IQR: RM 57
MAD: RM 30
RM 926 PSF 5.2%

PSF Trends (2021-2025)

1 CITY (PUSAT PERNIAGAAN SERI JURU) in Seberang Perai Tengah, Penang recorded 2 3-Storey Storey Shop properties subsale transactions between 2021 and 2025 for 3-storey storey shop properties, with a median price of RM 1.71 million and a median price per square foot (PSF) of RM 926.

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 1.71 million, with most transactions falling within a stable range of RM 1.50 million to RM 1.92 million, and a typical market range of RM 1.71 million to RM 1.72 million.

Within the 3-Storey Storey Shop category, 2 - 2 1/2 storey shop dominated the market, with minimal variety in property types.

The median PSF stands at RM 926, with core pricing between RM 779 and RM 1,072. Market pricing typically extends from RM 897.00 to RM 954.00, reflecting moderate variation in unit pricing. The spread of RM 57.00 (IQR) and deviation of RM 147 (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.

Area Location

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1 CITY (PUSAT PERNIAGAAN SERI JURU), Seberang Perai Tengah, Penang

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Transactions

2 properties grouped by size

1,400 sqft
1 units 3-Storey Storey Shop
RM 1,500,000
JALAN PERNIAGAAN SERI JURU 1
1,399 sqft · RM 1,072.00 PSF
Sep 2023
2,450 sqft
1 units 3-Storey Storey Shop
RM 1,920,000
JALAN PERNIAGAAN SERI JURU 1
2,465 sqft · RM 779.00 PSF
Apr 2023