|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2026 | |||||
|
Level 1
|
RM 64,000
|
RM 90
|
710 sqft
|
|
Shop |
|
Level 1
|
RM 62,000
|
RM 89
|
698 sqft
|
|
Shop |
|
Level 1
|
RM 64,000
|
RM 90
|
710 sqft
|
|
Shop |
| 2023 | |||||
|
Level 2
|
RM 55,000
|
RM 79
|
698 sqft
|
|
Shop |
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Market Snapshot
CommercialRM 63,000
RM 90 psfMedian transaction price
Central Seberang Perai, Penang, Malaysia
MapsTaman Asas Plaza in Seberang Perai Tengah, Penang recorded 4 subsale transactions between 2021 and 2026, sized between 675 and 724 sqft, with a median price of RM 63K and a median price per square foot (PSF) of RM 90.
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 63K, with most transactions falling within a stable range of RM 59K to RM 64K, and a typical market range of RM 55K to RM 64K.
Most transactions involved shop unit/retail lot, with minimal variety in property types.
For price per square foot, the median is RM 90, with most transactions between RM 85 and RM 94. The usual range is RM 80.00 to RM 99.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 19.00 and an average deviation (MAD) of RM 5 indicate a highly stable PSF trend across properties.
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.