Area Intelligence

ASAS PARADE

12 properties
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Median Price
RM 135,000
PSF: RM 142

Commercial Market

Median Price

RM 135,000

IQR: RM 84
MAD: RM 38
RM 142 PSF 2.9%

PSF Trends (2021-2025)

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.

Area Location

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ASAS PARADE, Seberang Perai Tengah, Penang

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Transactions

12 properties found

Shop/Retail Lot
RM 181,000
861 sqft Feb 2025
RM 210.00 PSF
Shop/Retail Lot
RM 181,000
861 sqft Feb 2025
RM 210.00 PSF
Shop/Retail Lot
RM 181,000
861 sqft Aug 2024
RM 210.00 PSF
Shop/Retail Lot
RM 100,000
775 sqft Jun 2024
RM 129.00 PSF
Shop/Retail Lot
RM 120,000
1,299 sqft May 2024
RM 92.00 PSF
Shop/Retail Lot
RM 90,000
775 sqft Jan 2024
RM 116.00 PSF
Shop/Retail Lot
RM 110,000
775 sqft Sep 2023
RM 142.00 PSF
Shop/Retail Lot
RM 110,000
775 sqft Sep 2023
RM 142.00 PSF
Shop/Retail Lot
RM 150,000
920 sqft May 2023
RM 163.00 PSF
Shop/Retail Lot
RM 70,000
775 sqft Oct 2022
RM 90.00 PSF
Shop/Retail Lot
RM 150,000
1,151 sqft Oct 2022
RM 130.00 PSF
Shop/Retail Lot
RM 200,000
920 sqft Sep 2022
RM 217.00 PSF