ASAS PARADE

ASAS PARADE in Seberang Perai Tengah, Penang recorded 3 subsale transactions in 2022, with a median price of RM 150K and a median price per square foot (PSF) of RM 130.

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 96K to RM 200K, and a typical market range of RM 113K to RM 187K.

Most transactions involved shop unit/retail lot, with minimal variety in property types.

Price per square foot shows a median of RM 130, though individual units vary from RM 77 to RM 183 in the core range. The broader market spans RM 87.88 to RM 172.13, indicating diverse property characteristics. A wider spread (IQR: RM 84.25) and deviation (MAD: RM 53) 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.