PUSAT PERNIAGAAN

1, Jalan Permatang Rawa 1, Permatang Rawa, 14000 Bukit Mertajam, Pulau Pinang, Malaysia

Property Transactions

6 subsales grouped by size

Median
RM 370,000
PSF
RM 146
2,300 sqft
3-Sty Shop
RM 360,000
Jalan Megat Harun
2,282 sqft · RM 158 PSF
2,700 sqft
3-Sty Shop
RM 450,000
Lorong Maju 3
2,680 sqft · RM 168 PSF
RM 320,000
Lorong Maju 3
2,680 sqft · RM 119 PSF
RM 380,000
Lorong Maju 3
2,680 sqft · RM 142 PSF
RM 350,000
Lorong Maju 3
2,680 sqft · RM 131 PSF
2,850 sqft
3-Sty Shop
RM 420,000
Lorong Maju 3
2,874 sqft · RM 146 PSF
Legend Recent Highest Price Highest PSF
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PUSAT PERNIAGAAN, 1, Jalan Permatang Rawa 1, Permatang Rawa, 14000 Bukit Mertajam, Pulau Pinang, Malaysia

Maps

PUSAT PERNIAGAAN in Seberang Perai Tengah, Penang recorded 6 subsale transactions between 2021 and 2026, with a median price of RM 370K and a median price per square foot (PSF) of RM 146.

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 370K, with most transactions falling within a stable range of RM 335K to RM 405K, and a typical market range of RM 341K to RM 399K.

Most transactions involved 3 - 3 1/2 storey shop, with minimal variety in property types.

Price per square foot shows a median of RM 146, though individual units vary from RM 104 to RM 189 in the core range. The broader market spans RM 109.51 to RM 182.77, indicating diverse property characteristics. A wider spread (IQR: RM 73.25) and deviation (MAD: RM 43) indicate significant PSF variations, likely due to diverse property types or conditions.

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.