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 193

CITY PARADE(PUSAT P'GAAN MAJU) in Seberang Perai Tengah, Penang recorded 2 subsale transactions between 2021 and 2025, priced between RM 500K and RM 1.00 million, with a median price of RM 758K and a median price per square foot (PSF) of RM 193.

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.

The median PSF stands at RM 193, with core pricing between RM 169 and RM 216. Market pricing typically extends from RM 169.56 to RM 216.06, reflecting moderate variation in unit pricing. With an IQR of RM 46.50 and MAD of RM 24, the PSF demonstrates reasonable consistency across the market.

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

OSM