Area Intelligence

CITY CENTRE BUSINESS HUB (AMANSARA)

4 properties
Double Storey Shop
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Median Price
RM 752,500
PSF: RM 444

Commercial Market

Median Price

RM 752,500

IQR: RM 67
MAD: RM 41
RM 444 PSF 5.6%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

CITY CENTRE BUSINESS HUB (AMANSARA) in Seberang Perai Utara, Penang recorded 4 Double Storey Shop properties subsale transactions between 2021 and 2025 for double storey shop properties, with a median price of RM 753K and a median price per square foot (PSF) of RM 444.

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 753K, with most transactions falling within a stable range of RM 662K to RM 843K, and a typical market range of RM 697K to RM 808K.

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 444, with core pricing between RM 397 and RM 491. Market pricing typically extends from RM 410.50 to RM 477.50, reflecting moderate variation in unit pricing. With an IQR of RM 67.00 and MAD of RM 47, 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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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CITY CENTRE BUSINESS HUB (AMANSARA), Seberang Perai Utara, Penang

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Transactions

4 properties grouped by size

1,550 sqft
3 units Double Storey Shop
RM 785,000
JALAN SETIA UTARA 3
1,539 sqft · RM 510.00 PSF
Apr 2024
RM 720,000
JALAN SETIA UTARA 9
1,539 sqft · RM 468.00 PSF
Apr 2024
RM 646,000
JALAN SETIA FONTAINES
1,539 sqft · RM 420.00 PSF
Jan 2022
2,300 sqft
1 units Double Storey Shop
RM 893,000
JALAN SETIA UTARA 3
2,314 sqft · RM 386.00 PSF
Aug 2024