| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 1
|
RM 69,000
|
RM 115
|
601 sqft
|
|
|
|
Level 1
|
RM 70,000
|
RM 116
|
603 sqft
|
|
|
|
Level 1
|
RM 70,000
|
RM 116
|
603 sqft
|
|
|
Level 1
|
RM 85,000
|
RM 100
|
853 sqft
|
|
|
|
Level 3
|
RM 84,000
|
RM 100
|
843 sqft
|
|
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Market Snapshot
CommercialRM 70,000
RM 115 psfMedian transaction price
Central Seberang Perai, Penang, Malaysia
MapsTaman Asas Plaza in Seberang Perai Tengah, Penang recorded 5 subsale transactions in 2024, with a median price of RM 70K and a median price per square foot (PSF) of RM 115.
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 70K, with most transactions falling within a stable range of RM 69K to RM 77K, and a typical market range of RM 69K to RM 84K.
Most transactions involved shop unit/retail lot, with minimal variety in property types.
For price per square foot, the median is RM 115, with most transactions between RM 107 and RM 123. The usual range is RM 105.38 to RM 124.38, 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 8 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.