Area Intelligence

PERNIAGAAN GENTING PERKASA

2 properties
2023
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Median Price
RM 794,000
PSF: RM 516

Commercial Market

Median Price

RM 794,000

IQR: RM 61
MAD: RM 61
RM 516 PSF

PSF Trends (2021-2025)

PERNIAGAAN GENTING PERKASA in Seberang Perai Tengah, Penang recorded 2 subsale transactions in 2023, with a median price of RM 794K and a median price per square foot (PSF) of RM 516.

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 794K, with most transactions falling within a stable range of RM 700K to RM 888K, and a typical market range of RM 747K to RM 841K.

Most transactions involved 3 - 3 1/2 storey shop, with minimal variety in property types.

The median PSF stands at RM 516, with core pricing between RM 455 and RM 577. Market pricing typically extends from RM 485.50 to RM 546.50, reflecting moderate variation in unit pricing. With an IQR of RM 61.00 and MAD of RM 61, 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.

Area Location

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PERNIAGAAN GENTING PERKASA, Seberang Perai Tengah, Penang

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Transactions

2 properties grouped by size

1,550 sqft
2 units 3-Storey Storey Shop
RM 888,000
JLN PERMATANG RAWA
1,539 sqft · RM 577.00 PSF
Sep 2023
RM 700,000
JLN. PMTG. RAWA
1,539 sqft · RM 455.00 PSF
Aug 2023