PUSAT PERNIAGAAN MAJU JAYA
Commercial Market
Median Price
RM 805,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Single Storey Shop
5 properties
Median Price
RM 235,000
-36.9% CAGR
Median PSF
RM 225.00
-9.0% CAGR
Double Storey Shop
2 properties
Median Price
RM 580,000
+9.0% CAGR
Median PSF
RM 376.50
+9.0% CAGR
Terraced Factory
1 properties
Median Price
RM 800,000
Median PSF
RM 169.00
Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
---|---|---|---|---|---|---|
Single Storey Shop | 5 |
RM 235,000
±40K MAD
|
-36.91% |
RM 225.00
±10 MAD
|
-9.02% | |
Double Storey Shop | 2 |
RM 580,000
±50K MAD
|
+9.03% |
RM 376.50
±33 MAD
|
+9.04% | |
Terraced Factory | 1 |
RM 800,000
|
- |
RM 169.00
|
- |
PUSAT PERNIAGAAN MAJU JAYA in Seberang Perai Tengah, Penang recorded 2 subsale transactions in 2024, with a median price of RM 805K and a median price per square foot (PSF) of RM 670.
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 805K, with most transactions falling within a stable range of RM 610K to RM 1.00 million, and a typical market range of RM 685K to RM 925K.
Most transactions involved 2 - 2 1/2 storey shop, though some variety exists in the market.
Price per square foot shows a median of RM 670, though individual units vary from RM 511 to RM 829 in the core range. The broader market spans RM 581.25 to RM 758.75, indicating diverse property characteristics. The spread of RM 177.50 (IQR) and deviation of RM 159 (MAD) suggest moderate price variations reflecting different property features.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.
Filter by type, year, price, and size
Transactions
2 properties grouped by size
Road | Price | PSF | Size | Date | Type |
---|
JALAN MAJU
|
RM 1,000,000
|
RM 829.00
|
1,206 sqft
|
Aug 2024
|
3-Storey Storey Shop |
LORONG MAJU
|
RM 610,000
|
RM 511.00
|
1,195 sqft
|
May 2024
|
Double Storey Shop |