PUSAT PERNIAGAAN MAJU JAYA

Area Intelligence
2 subsale transactions
2024
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Median Price
RM 805,000
PSF: RM 670

Commercial PSF Trends

Median Price

RM 805,000

RM 670 PSF

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.

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PUSAT PERNIAGAAN MAJU JAYA, Seberang Perai Tengah, Penang

OSM

Transactions

2 transactions grouped by size

Price Range

Clear

Size Range (sqft)

Clear
1,200 sqft
RM 1,000,000
3-Storey Shop JALAN MAJU
1,206 sqft · RM 829.00 PSF
Aug 2024
RM 610,000
Double Storey Shop LORONG MAJU
1,195 sqft · RM 511.00 PSF
May 2024