CITY CENTRE BUSINESS HUB (AMANSARA)

CITY CENTRE BUSINESS HUB (AMANSARA) in Seberang Perai Utara, Penang recorded 3 subsale transactions in 2024, with a median price of RM 785K and a median price per square foot (PSF) of RM 468.

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 785K, with most transactions falling within a stable range of RM 716K to RM 855K, and a typical market range of RM 730K to RM 840K.

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

For price per square foot, the median is RM 468, with most transactions between RM 427 and RM 509. The usual range is RM 434.50 to RM 501.50, showing that most units are priced quite close to each other. With an IQR of RM 67.00 and MAD of RM 41, 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.