Area Intelligence

CARNATION VILLA

2 properties
Double Storey Shop
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Median Price
RM 706,000
PSF: RM 491

Residential Market

Median Price

RM 680,000

IQR: RM 84
MAD: RM 43
RM 323 PSF 10.2%

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 706,000

IQR: RM 58
MAD: RM 58
RM 491 PSF 12.5%

PSF Trends (2021-2025)

CARNATION VILLA in Seberang Perai Tengah, Penang recorded 2 Double Storey Shop properties subsale transactions between 2021 and 2025 for double storey shop properties, with a median price of RM 706K and a median price per square foot (PSF) of RM 491.

This area contains both residential and commercial properties. View 16 residential properties or 2 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 706K, with most transactions falling within a stable range of RM 680K to RM 732K, and a typical market range of RM 680K to RM 732K.

Within the Double Storey Shop category, 2 - 2 1/2 storey terraced dominated the market, with moderate diversity in property types available.

The median PSF stands at RM 491, with core pricing between RM 433 and RM 548. Market pricing typically extends from RM 437.38 to RM 543.63, reflecting moderate variation in unit pricing. With an IQR of RM 106.25 and MAD of RM 58, 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. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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CARNATION VILLA, Seberang Perai Tengah, Penang

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Transactions

2 properties grouped by size

1,350 sqft
1 units Double Storey Shop
RM 732,000
JALAN CARNATION
1,335 sqft · RM 548.00 PSF
Oct 2024
1,550 sqft
1 units Double Storey Shop
RM 680,000
JALAN CARNATION
1,572 sqft · RM 433.00 PSF
Jul 2022