Pusat Perniagaan Pasar Awam
Pasar Awam, 12100 Butterworth, Penang, Malaysia
Pasar Awam, 12100 Butterworth, Penang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Pasar 1
|
RM 358,000
|
RM 152
|
2,357 sqft
|
|
|
Lorong Pasar 2
|
RM 650,000
|
RM 251
|
2,594 sqft
|
|
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Pasar Awam, 12100 Butterworth, Penang, Malaysia
MapsPusat 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 201.
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 358K to RM 650K, 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.
Price per square foot shows a median of RM 201, though individual units vary from RM 152 to RM 251 in the core range. The broader market spans RM 174.22 to RM 228.22, indicating diverse property characteristics. The spread of RM 54.00 (IQR) and deviation of RM 49 (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.