Area Intelligence

PUSAT PERNIAGAAN MAHKOTA IMPIAN

10 properties
Office Lot
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Median Price
RM 505,000
PSF: RM 370

Commercial Market

Median Price

RM 505,000

IQR: RM 495
MAD: RM 87
RM 370 PSF 20.5%

PSF Trends (2021-2025)

PUSAT PERNIAGAAN MAHKOTA IMPIAN in Seberang Perai Tengah, Penang recorded 10 Office Lot properties subsale transactions between 2021 and 2025 for office lot properties, with a median price of RM 505K and a median price per square foot (PSF) of RM 370.

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 505K, with most transactions falling within a stable range of RM 220K to RM 1.03 million, and a typical market range of RM 220K to RM 950K.

Within the Office Lot category, office lot dominated the market, with moderate diversity in property types available.

Price per square foot shows a median of RM 370, though individual units vary from RM 109 to RM 631 in the core range. The broader market spans RM 122.50 to RM 617.50, indicating diverse property characteristics. A wider spread (IQR: RM 495.00) and deviation (MAD: RM 261) indicate significant PSF variations, likely due to diverse property types or conditions.

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.

Area Location

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PUSAT PERNIAGAAN MAHKOTA IMPIAN, Seberang Perai Tengah, Penang

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Transactions

10 properties grouped by size

700 sqft
2 units Office Lot
RM 240,000
678 sqft · RM 354.00 PSF
Dec 2022
RM 220,000
678 sqft · RM 324.00 PSF
Jun 2022
1,250 sqft
4 units Office Lot
RM 520,000
1,249 sqft · RM 416.00 PSF
Jun 2022
RM 380,000
1,249 sqft · RM 304.00 PSF
Jun 2022
RM 490,000
1,270 sqft · RM 386.00 PSF
Dec 2021
RM 380,000
1,270 sqft · RM 299.00 PSF
Dec 2021
1,500 sqft
1 units Office Lot
RM 530,000
1,507 sqft · RM 352.00 PSF
Sep 2022
1,550 sqft
2 units Office Lot
RM 1,175,000
1,550 sqft · RM 758.00 PSF
Jun 2022
RM 1,270,000
1,550 sqft · RM 819.00 PSF
Dec 2021
1,750 sqft
1 units Office Lot
RM 1,888,000
1,744 sqft · RM 1,083.00 PSF
Aug 2022