Penang
Seberang Perai Tengah
13
KAWASA PERUSAHAAN JURU(LOT 675 & 676)

KAWASA PERUSAHAAN JURU(LOT 675 & 676)

Area Intelligence

2022

Median Price

RM 825,000

PSF: RM 402

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Commercial PSF Trends

Median Price

RM 825,000

RM 402 PSF

KAWASA PERUSAHAAN JURU(LOT 675 & 676) in Seberang Perai Tengah, Penang recorded 2 subsale transactions in 2022, with a median price of RM 825K and a median price per square foot (PSF) of RM 402.

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 825K, with most transactions falling within a stable range of RM 750K to RM 900K, and a typical market range of RM 789K to RM 861K.

Most transactions involved terraced factory/warehouse, though some variety exists in the market.

For price per square foot, the median is RM 402, with most transactions between RM 375 and RM 429. The usual range is RM 387.00 to RM 417.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 30.00 and an average deviation (MAD) of RM 27 indicate a highly stable PSF trend across properties.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

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KAWASA PERUSAHAAN JURU(LOT 675 & 676), Seberang Perai Tengah, Penang

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