| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 1
|
RM 100,000
|
RM 129
|
775 sqft
|
|
|
|
Level 1
|
RM 90,000
|
RM 116
|
775 sqft
|
|
|
|
Level 1
|
RM 110,000
|
RM 142
|
775 sqft
|
|
|
|
Level 2
|
RM 70,000
|
RM 90
|
775 sqft
|
|
|
Level G
|
RM 181,000
|
RM 210
|
861 sqft
|
|
|
|
Level 1
|
RM 181,000
|
RM 210
|
861 sqft
|
|
|
|
Level 1
|
RM 181,000
|
RM 210
|
861 sqft
|
|
|
Level G
|
RM 150,000
|
RM 163
|
920 sqft
|
|
|
|
Level G
|
RM 200,000
|
RM 217
|
920 sqft
|
|
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Market Snapshot
CommercialRM 150,000
RM 142 psfMedian transaction price
Central Seberang Perai, Penang, Malaysia
MapsAsas Parade in Seberang Perai Tengah, Penang recorded 13 subsale transactions between 2021 and 2026, with a median price of RM 150K 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 150K, with most transactions falling within a stable range of RM 110K to RM 190K, and a typical market range of RM 115K to RM 186K.
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 92 to RM 192 in the core range. The broader market spans RM 101.46 to RM 182.46, indicating diverse property characteristics. A wider spread (IQR: RM 81.00) and deviation (MAD: RM 50) 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.