Area Intelligence

PUSAT PERNIAGAAN ALMA

9 properties
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Median Price
RM 630,000
PSF: RM 485

Commercial Market

Median Price

RM 630,000

IQR: RM 130
MAD: RM 67
RM 485 PSF 12.6%

PSF Trends (2021-2025)

PUSAT PERNIAGAAN ALMA in Seberang Perai Tengah, Penang recorded 9 subsale transactions between 2021 and 2025, with a median price of RM 630K and a median price per square foot (PSF) of RM 485.

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 630K, with most transactions falling within a stable range of RM 580K to RM 680K, and a typical market range of RM 560K to RM 715K.

Most transactions involved 3 - 3 1/2 storey shop, though some variety exists in the market.

The median PSF stands at RM 485, with core pricing between RM 418 and RM 552. Market pricing typically extends from RM 420.00 to RM 550.00, reflecting moderate variation in unit pricing. With an IQR of RM 130.00 and MAD of RM 67, 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.

Area Location

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PUSAT PERNIAGAAN ALMA, Seberang Perai Tengah, Penang

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Transactions

9 properties found

3-Storey Storey Shop JALAN PERNIAGAAN 1
RM 750,000
1,195 sqft Feb 2025
RM 628.00 PSF
3-Storey Storey Shop JALAN PERNIAGAAN 2
RM 860,000
1,399 sqft Jan 2024
RM 615.00 PSF
Double Storey Shop JALAN PERNIAGAAN 3
RM 580,000
1,195 sqft Nov 2023
RM 485.00 PSF
Double Storey Shop JALAN PERNIAGAAN 3
RM 580,000
1,195 sqft Nov 2023
RM 485.00 PSF
3-Storey Storey Shop JLN PERNIAGAAN
RM 660,000
1,195 sqft Oct 2022
RM 552.00 PSF
3-Storey Storey Shop JALAN PERNIAGAAN 2
RM 630,000
1,399 sqft Sep 2022
RM 450.00 PSF
3-Storey Storey Shop JALAN PERNIAGAAN 1
RM 580,000
1,195 sqft May 2022
RM 485.00 PSF
3-Storey Storey Shop JALAN PERNIAGAAN 2
RM 560,000
1,399 sqft Mar 2022
RM 400.00 PSF
3-Storey Storey Shop JLN PERNIAGAAN
RM 795,000
1,195 sqft Jan 2022
RM 665.00 PSF