PUSAT PERNIAGAAN JALAN RAJA UDA in Seberang Perai Utara, Penang recorded 6 subsale transactions in 2024, with a median price of RM 508K and a median price per square foot (PSF) of RM 420.
This area contains both residential and commercial properties. View 10 residential properties or 29 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 508K, with most transactions falling within a stable range of RM 369K to RM 647K, and a typical market range of RM 231K to RM 784K.
Most transactions involved shop unit/retail lot, with high diversity across multiple property types.
The median PSF stands at RM 420, with core pricing between RM 355 and RM 485. Market pricing typically extends from RM 266.75 to RM 573.25, reflecting moderate variation in unit pricing. The spread of RM 306.50 (IQR) and deviation of RM 65 (MAD) suggest moderate price variations reflecting different property features.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.
