PUSAT PERNIAGAAN ALMA

PUSAT PERNIAGAAN ALMA in Seberang Perai Tengah, Penang recorded 2 subsale transactions in 2023, with a median price of RM 580K 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 580K, with most transactions falling within a stable range of RM 530K to RM 630K, and a typical market range of RM 495K to RM 665K.

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.