Penang, Seberang Perai Utara, Butterworth

CHOO ENTERPRISE

Area Intelligence

2022

Median Price

RM 820,000

PSF: RM 345

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Commercial PSF Trends

Median Price

RM 820,000

RM 345 PSF

CHOO ENTERPRISE in Seberang Perai Utara, Penang recorded 1 subsale transactions in 2022, with a median price of RM 820K and a median price per square foot (PSF) of RM 345.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat.

Most transactions involved semi-detached factory/warehouse, though some variety exists in the market.

For price per square foot, the median is RM 345, with most transactions between RM 345 and RM 345. The usual range is RM 332.75 to RM 357.25, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 24.50 and an average deviation (MAD) of RM 0 indicate a highly stable PSF trend across properties.

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.

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CHOO ENTERPRISE, Seberang Perai Utara, Penang

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