1 CITY (PUSAT PERNIAGAAN SERI JURU)

Area Intelligence
2023
Median Price
RM 938,000
PSF: RM 670

Commercial PSF Trends

Median Price

RM 938,000

RM 670 PSF

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 1.07 million to RM 1.29 million, and a typical market range of RM 1.07 million to RM 943K.

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

Price per square foot shows a median of RM 670, though individual units vary from RM 500 to RM 840 in the core range. The broader market spans RM 641.50 to RM 698.50, indicating diverse property characteristics. A wider spread (IQR: RM 57.00) and deviation (MAD: RM 170) indicate significant PSF variations, likely due to diverse property types or conditions.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

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

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Transactions

3 transactions grouped by size

1,400 sqft
3-Storey Shop
RM 1,500,000
JALAN PERNIAGAAN SERI JURU 1
1,399 sqft · RM 1,072 PSF
1,600 sqft
Double Storey Shop
RM 1,068,000
JALAN PERNIAGAAN SERI JURU
1,593 sqft · RM 670 PSF
2,450 sqft
3-Storey Shop
RM 1,920,000
JALAN PERNIAGAAN SERI JURU 1
2,465 sqft · RM 779 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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