ASAS PARADE Property Investment Analysis
ASAS PARADE in Seberang Perai Tengah, Penang recorded 12 subsale transactions between 2021 and 2025, with a median price of RM 135K and a median price per square foot (PSF) of RM 142.
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 135K, with most transactions falling within a stable range of RM 95K to RM 175K, and a typical market range of RM 98K to RM 172K.
Most transactions involved shop unit/retail lot, with minimal variety in property types.
Price per square foot shows a median of RM 142, though individual units vary from RM 104 to RM 180 in the core range. The broader market spans RM 99.88 to RM 184.13, indicating diverse property characteristics. A wider spread (IQR: RM 84.25) and deviation (MAD: RM 38) indicate significant PSF variations, likely due to diverse property types or conditions.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.
ADVANCED FILTERS
TRANSACTIONS
Type
|
Road
|
Price
|
PSF
|
Area
|
Date
|
---|---|---|---|---|---|
Shop Unit/Retail Lot |
|
RM 181,000
|
RM 210.00
|
861 sqft
|
Feb 2025
|
Shop Unit/Retail Lot |
|
RM 181,000
|
RM 210.00
|
861 sqft
|
Feb 2025
|
Shop Unit/Retail Lot |
|
RM 181,000
|
RM 210.00
|
861 sqft
|
Aug 2024
|
Shop Unit/Retail Lot |
|
RM 100,000
|
RM 129.00
|
775 sqft
|
Jun 2024
|
Shop Unit/Retail Lot |
|
RM 120,000
|
RM 92.00
|
1,299 sqft
|
May 2024
|
Shop Unit/Retail Lot |
|
RM 90,000
|
RM 116.00
|
775 sqft
|
Jan 2024
|
Shop Unit/Retail Lot |
|
RM 110,000
|
RM 142.00
|
775 sqft
|
Sep 2023
|
Shop Unit/Retail Lot |
|
RM 110,000
|
RM 142.00
|
775 sqft
|
Sep 2023
|
Shop Unit/Retail Lot |
|
RM 150,000
|
RM 163.00
|
920 sqft
|
May 2023
|
Shop Unit/Retail Lot |
|
RM 70,000
|
RM 90.00
|
775 sqft
|
Oct 2022
|
Shop Unit/Retail Lot |
|
RM 150,000
|
RM 130.00
|
1,151 sqft
|
Oct 2022
|
Shop Unit/Retail Lot |
|
RM 200,000
|
RM 217.00
|
920 sqft
|
Sep 2022
|