ASAS PARADE

ASAS PARADE in Seberang Perai Tengah, Penang recorded 3 subsale transactions in 2023, with a median price of RM 110K 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 110K, with most transactions falling within a stable range of RM 110K to RM 129K, and a typical market range of RM 110K to RM 146K.

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

For price per square foot, the median is RM 142, with most transactions between RM 132 and RM 152. The usual range is RM 101.50 to RM 182.50, showing that most units are priced quite close to each other. With an IQR of RM 81.00 and MAD of RM 10, the PSF demonstrates reasonable consistency across the market.

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.