Penang
Seberang Perai Tengah
15
PUSAT PERNIAGAAN MAHKOTA IMPIAN

PUSAT PERNIAGAAN MAHKOTA IMPIAN

Area Intelligence

2022

Median Price

RM 520,000

PSF: RM 354

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Commercial PSF Trends

Median Price

RM 520,000

RM 354 PSF

PUSAT PERNIAGAAN MAHKOTA IMPIAN in Seberang Perai Tengah, Penang recorded 7 subsale transactions in 2022, with a median price of RM 520K and a median price per square foot (PSF) of RM 354.

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 520K, with most transactions falling within a stable range of RM 520K to RM 525K, and a typical market range of RM 520K to RM 530K.

Most transactions involved office lot, with moderate diversity in property types available.

For price per square foot, the median is RM 354, with most transactions between RM 322 and RM 386. The usual range is RM 106.50 to RM 601.50, showing that most units are priced quite close to each other. With an IQR of RM 495.00 and MAD of RM 32, the PSF demonstrates reasonable consistency across the market.

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.

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PUSAT PERNIAGAAN MAHKOTA IMPIAN, Seberang Perai Tengah, Penang

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