| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Kelasah 1
|
RM 875,000
|
RM 222
|
3,940 sqft
|
|
|
|
Lorong Kelasah 3
|
RM 750,000
|
RM 190
|
3,940 sqft
|
|
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Market Snapshot
CommercialRM 812,500
RM 206 psfMedian transaction price
Taman Kelasah, 13700 Perai, Pulau Pinang, Malaysia
MapsTaman Kelasah in Seberang Perai Tengah, Penang recorded 2 subsale transactions between 2021 and 2026, with a median price of RM 813K and a median price per square foot (PSF) of RM 206.
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 813K, with most transactions falling within a stable range of RM 750K to RM 875K, and a typical market range of RM 768K to RM 858K.
Most transactions involved 3 - 3 1/2 storey shop, with minimal variety in property types.
For price per square foot, the median is RM 206, with most transactions between RM 190 and RM 222. The usual range is RM 174.24 to RM 238.24, showing that most units are priced quite close to each other. With an IQR of RM 64.00 and MAD of RM 16, 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.