PUSAT PERNIAGAAN PASAR AWAM

PUSAT PERNIAGAAN PASAR AWAM in Seberang Perai Utara, Penang recorded 2 subsale transactions in 2022, with a median price of RM 504K and a median price per square foot (PSF) of RM 247.

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 504K, with most transactions falling within a stable range of RM 462K to RM 546K, and a typical market range of RM 431K to RM 577K.

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

The median PSF stands at RM 247, with core pricing between RM 213 and RM 281. Market pricing typically extends from RM 220.00 to RM 274.00, reflecting moderate variation in unit pricing. With an IQR of RM 54.00 and MAD of RM 34, 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.