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 269.

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.

The median PSF stands at RM 269, with core pricing between RM 228 and RM 310. Market pricing typically extends from RM 235.61 to RM 302.61, reflecting moderate variation in unit pricing. The spread of RM 67.00 (IQR) and deviation of RM 41 (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. 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.