1 CITY (PUSAT PERNIAGAAN SERI JURU)

Area Intelligence
2022
Median Price
RM 1,358,000
PSF: RM 587

Commercial PSF Trends

Median Price

RM 1,358,000

RM 587 PSF

1 CITY (PUSAT PERNIAGAAN SERI JURU) in Seberang Perai Tengah, Penang recorded 3 subsale transactions in 2022, with a median price of RM 1.36 million and a median price per square foot (PSF) of RM 587.

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 1.36 million, with most transactions falling within a stable range of RM 1.28 million to RM 1.47 million, and a typical market range of RM 1.35 million to RM 1.36 million.

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

For price per square foot, the median is RM 587, with most transactions between RM 560 and RM 614. The usual range is RM 558.50 to RM 615.50, showing that most units are priced quite close to each other. With an IQR of RM 57.00 and MAD of RM 27, the PSF demonstrates reasonable consistency across the market.

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.

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

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Transactions

3 transactions grouped by size

2,250 sqft
Double Storey Shop
RM 1,278,000
JALAN PERNIAGAAN SERI JURU
2,260 sqft · RM 565 PSF
2,300 sqft
Double Storey Shop
RM 1,358,000
JALAN PERNIAGAAN SERI JURU
2,314 sqft · RM 587 PSF
2,450 sqft
Double Storey Shop
RM 1,550,000
JALAN PERNIAGAAN SERI JURU 1
2,465 sqft · RM 629 PSF

No Properties For Sale

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

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