| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Seri Penaga
|
RM 750,000
|
RM 231
|
3,251 sqft
|
|
|
Jalan Seri Penaga
|
RM 1,250,000
|
RM 171
|
7,298 sqft
|
|
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21, Jalan Seri Muda, Pusat Perniagaan Seri Muda, 13100 Penaga, Pulau Pinang, Malaysia
MapsPusat Perniagaan Seri Penaga in Seberang Perai Utara, Penang recorded 2 subsale transactions in 2022, with a median price of RM 1.00 million 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 1.00 million, with most transactions falling within a stable range of RM 750K to RM 1.25 million, and a typical market range of RM 875K to RM 1.13 million.
Most transactions involved 2 - 2 1/2 storey shop, with moderate diversity in property types available.
The median PSF stands at RM 201, with core pricing between RM 171 and RM 231. Market pricing typically extends from RM 186.00 to RM 216.00, reflecting moderate variation in unit pricing. With an IQR of RM 30.00 and MAD of RM 30, 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.