Area Intelligence

PUSAT PERNIAGAAN MAJU JAYA

2 properties
Double Storey Shop
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Median Price
RM 565,000
PSF: RM 493

Commercial Market

Median Price

RM 565,000

IQR: RM 178
MAD: RM 37
RM 493 PSF 18.9%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

PUSAT PERNIAGAAN MAJU JAYA in Seberang Perai Tengah, Penang recorded 2 Double Storey Shop properties subsale transactions between 2021 and 2025 for double storey shop properties, with a median price of RM 565K and a median price per square foot (PSF) of RM 493.

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 565K, with most transactions falling within a stable range of RM 520K to RM 610K, and a typical market range of RM 520K to RM 610K.

Within the Double Storey Shop category, 2 - 2 1/2 storey shop dominated the market, though some variety exists in the market.

For price per square foot, the median is RM 493, with most transactions between RM 474 and RM 511. The usual range is RM 403.75 to RM 581.25, showing that most units are priced quite close to each other. With an IQR of RM 177.50 and MAD of RM 19, 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.

Area Location

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PUSAT PERNIAGAAN MAJU JAYA, Seberang Perai Tengah, Penang

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Transactions

2 properties grouped by size

1,100 sqft
1 units Double Storey Shop
RM 520,000
TKT MAJU
1,098 sqft · RM 474.00 PSF
Jan 2022
1,200 sqft
1 units Double Storey Shop
RM 610,000
LORONG MAJU
1,195 sqft · RM 511.00 PSF
May 2024