Pusat Perniagaan Alma

14000 Bukit Mertajam, Pulau Pinang, Malaysia

Property Transactions

5 subsales grouped by size · 3-Sty Shop →

Median
RM 630,000
PSF
RM 168
Price Size
Period
transactions middle 50% (P25–P75)
3,450 sqft
3-Sty Shop
RM 660,000
Jalan Perniagaan
3,455 sqft · RM 191 PSF
RM 580,000
Jalan Perniagaan 1
3,455 sqft · RM 168 PSF
RM 795,000
Jalan Perniagaan
3,455 sqft · RM 230 PSF
4,050 sqft
3-Sty Shop
RM 630,000
Jalan Perniagaan 2
4,058 sqft · RM 155 PSF
RM 560,000
Jalan Perniagaan 2
4,058 sqft · RM 138 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Commercial

RM 630,000

RM 168 psf

Median transaction price

Pusat Perniagaan Alma
© OpenStreetMap · CARTO

Pusat Perniagaan Alma, 14000 Bukit Mertajam, Pulau Pinang, Malaysia

Maps

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 168.

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 168, with core pricing between RM 136 and RM 200. Market pricing typically extends from RM 102.86 to RM 232.86, reflecting moderate variation in unit pricing. The spread of RM 130.00 (IQR) and deviation of RM 32 (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.