|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2025 | |||||
|
Level 2
|
RM 512,000
|
RM 501
|
1,022 sqft
|
|
Shop |
|
Level G
|
RM 181,000
|
RM 210
|
861 sqft
|
|
Shop |
|
Level 1
|
RM 181,000
|
RM 210
|
861 sqft
|
|
Shop |
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Market Snapshot
CommercialRM 181,000
RM 210 psfMedian transaction price
Central Seberang Perai, Penang, Malaysia
MapsAsas Parade in Seberang Perai Tengah, Penang recorded 3 subsale transactions in 2025, with a median price of RM 181K and a median price per square foot (PSF) of RM 210.
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 181K, with most transactions falling within a stable range of RM 181K to RM 337K, and a typical market range of RM 181K to RM 217K.
Most transactions involved shop unit/retail lot, with minimal variety in property types.
Price per square foot shows a median of RM 210, though individual units vary from RM 73 to RM 347 in the core range. The broader market spans RM 169.72 to RM 250.72, indicating diverse property characteristics. A wider spread (IQR: RM 81.00) and deviation (MAD: RM 137) 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.