Penang
Seberang Perai Tengah
15
CITY PARADE(PUSAT P'GAAN MAJU)

CITY PARADE(PUSAT P'GAAN MAJU)

Area Intelligence

Median Price

RM 757,500

PSF: RM 665

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Commercial PSF Trends

Median Price

RM 757,500

RM 665 PSF

CITY PARADE(PUSAT P'GAAN MAJU) in Seberang Perai Tengah, Penang recorded 2 subsale transactions between 2021 and 2025, with a median price of RM 758K and a median price per square foot (PSF) of RM 665.

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 758K, with most transactions falling within a stable range of RM 665K to RM 850K, and a typical market range of RM 711K to RM 804K.

Most transactions involved 3 - 3 1/2 storey shop, with minimal variety in property types.

For price per square foot, the median is RM 665, with most transactions between RM 618 and RM 711. The usual range is RM 641.25 to RM 687.75, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 46.50 and an average deviation (MAD) of RM 47 indicate a highly stable PSF trend across properties.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

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CITY PARADE(PUSAT P'GAAN MAJU), Seberang Perai Tengah, Penang

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