PUSAT PERNIAGAAN IMAGEVIEW

PUSAT PERNIAGAAN IMAGEVIEW in Seberang Perai Tengah, Penang recorded 2 subsale transactions in 2023, with a median price of RM 400K and a median price per square foot (PSF) of RM 306.

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 400K, with most transactions falling within a stable range of RM 380K to RM 420K, and a typical market range of RM 385K to RM 415K.

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

For price per square foot, the median is RM 306, with most transactions between RM 293 and RM 318. The usual range is RM 274.00 to RM 337.00, showing that most units are priced quite close to each other. With an IQR of RM 63.00 and MAD of RM 13, 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.