PUSAT PERNIAGAAN PASAR AWAM

PUSAT PERNIAGAAN PASAR AWAM in Seberang Perai Utara, Penang recorded 3 Double Storey Shop properties subsale transactions between 2021 and 2025 for double storey shop properties, with a median price of RM 400K and a median price per square foot (PSF) of RM 284.

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 400K, with most transactions falling within a stable range of RM 358K to RM 529K, and a typical market range of RM 358K to RM 473K.

Within the Double Storey Shop category, 2 - 2 1/2 storey shop dominated the market, with minimal variety in property types.

The median PSF stands at RM 284, with core pricing between RM 239 and RM 329. Market pricing typically extends from RM 257.00 to RM 311.00, reflecting moderate variation in unit pricing. The spread of RM 54.00 (IQR) and deviation of RM 45 (MAD) suggest moderate price variations reflecting different property features.

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.