Penang
Seberang Perai Tengah
15
PUSAT PERNIAGAAN MAHKOTA IMPIAN

PUSAT PERNIAGAAN MAHKOTA IMPIAN

Area Intelligence

2024

Median Price

RM 1,169,500

PSF: RM 676

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Commercial PSF Trends

Median Price

RM 1,169,500

RM 676 PSF

PUSAT PERNIAGAAN MAHKOTA IMPIAN in Seberang Perai Tengah, Penang recorded 4 subsale transactions in 2024, with a median price of RM 1.17 million and a median price per square foot (PSF) of RM 676.

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 1.17 million, with most transactions falling within a stable range of RM 1.03 million to RM 1.31 million, and a typical market range of RM 725K to RM 1.61 million.

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

The median PSF stands at RM 676, with core pricing between RM 589 and RM 763. Market pricing typically extends from RM 428.50 to RM 923.50, reflecting moderate variation in unit pricing. With an IQR of RM 495.00 and MAD of RM 87, 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. Some price volatility exists, making thorough market research essential before transacting. 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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