FRONTAGE

FRONTAGE in Seberang Perai Tengah, Penang recorded 1 subsale transactions in 2021, with a median price of RM 418K and a median price per square foot (PSF) of RM 351.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat.

Most transactions involved shop unit/retail lot, with minimal variety in property types.

For price per square foot, the median is RM 351, with most transactions between RM 351 and RM 351. The usual range is RM 73.75 to RM 628.25, showing that most units are priced quite close to each other. With an IQR of RM 554.50 and MAD of RM 0, 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.