Penang
Seberang Perai Tengah
15
PUSAT PERNIAGAAN MAHKOTA IMPIAN

PUSAT PERNIAGAAN MAHKOTA IMPIAN

Area Intelligence

2021

Median Price

RM 490,000

PSF: RM 386

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Commercial PSF Trends

Median Price

RM 490,000

RM 386 PSF

PUSAT PERNIAGAAN MAHKOTA IMPIAN in Seberang Perai Tengah, Penang recorded 3 subsale transactions in 2021, with a median price of RM 490K and a median price per square foot (PSF) of RM 386.

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 490K, with most transactions falling within a stable range of RM 349K to RM 631K, and a typical market range of RM 45K to RM 935K.

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

Price per square foot shows a median of RM 386, though individual units vary from RM 299 to RM 473 in the core range. The broader market spans RM 138.50 to RM 633.50, indicating diverse property characteristics. The spread of RM 495.00 (IQR) and deviation of RM 87 (MAD) suggest moderate price variations reflecting different property features.

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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