PUSAT PERNIAGAAN ALMA

PUSAT PERNIAGAAN ALMA in Seberang Perai Tengah, Penang recorded 5 subsale transactions in 2022, 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 560K to RM 713K, 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 393 and RM 577. Market pricing typically extends from RM 420.00 to RM 550.00, reflecting moderate variation in unit pricing. The spread of RM 130.00 (IQR) and deviation of RM 92 (MAD) suggest moderate price variations reflecting different property features.

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.