Area Intelligence

MAJU UTAMA BUSINESS CENTRE

1 properties
2022
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Median Price
RM 1,188,000
PSF: RM 849

Commercial Market

Median Price

RM 1,188,000

IQR: RM 137
MAD: RM 72
RM 849 PSF 13.7%

PSF Trends (2021-2025)

MAJU UTAMA BUSINESS CENTRE in Seberang Perai Tengah, Penang recorded 1 subsale transactions in 2022, with a median price of RM 1.19 million and a median price per square foot (PSF) of RM 849.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat.

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

For price per square foot, the median is RM 849, with most transactions between RM 849 and RM 849. The usual range is RM 780.75 to RM 917.25, showing that most units are priced quite close to each other. With an IQR of RM 136.50 and MAD of RM 0, 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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MAJU UTAMA BUSINESS CENTRE, Seberang Perai Tengah, Penang

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Transactions

1 properties found

3-Storey Storey Shop JALAN MAJU
RM 1,188,000
1,399 sqft May 2022
RM 849.00 PSF