Area Intelligence

PUSAT PERNIAGAAN DAYA MAJU

2 properties
2022
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Median Price
RM 1,707,500
PSF: RM 489

Commercial Market

Median Price

RM 1,707,500

IQR: RM 8
MAD: RM 4
RM 489 PSF 0.8%

PSF Trends (2021-2025)

PUSAT PERNIAGAAN DAYA MAJU in Seberang Perai Tengah, Penang recorded 2 subsale transactions in 2022, with a median price of RM 1.71 million and a median price per square foot (PSF) of RM 489.

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 1.71 million, with most transactions falling within a stable range of RM 615K to RM 2.80 million, and a typical market range of RM 1.16 million to RM 2.26 million.

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

For price per square foot, the median is RM 489, with most transactions between RM 481 and RM 497. The usual range is RM 485.00 to RM 493.00, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 8.00 and an average deviation (MAD) of RM 8 indicate a highly stable PSF trend across properties.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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PUSAT PERNIAGAAN DAYA MAJU, Seberang Perai Tengah, Penang

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Transactions

2 properties grouped by size

1,250 sqft
1 units Double Storey Shop
RM 615,000
JALAN DAYA MAJU
1,238 sqft · RM 497.00 PSF
Jan 2022
5,800 sqft
1 units 3-Storey Storey Shop
RM 2,800,000
LORONG DAYA MAJU 1
5,823 sqft · RM 481.00 PSF
Nov 2022