Penang, Seberang Perai Utara, Butterworth

SOON CORPORATION

Area Intelligence

Median Price

RM 1,030,000

PSF: RM 313

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Commercial PSF Trends

Median Price

RM 1,030,000

RM 313 PSF

SOON CORPORATION in Seberang Perai Utara, Penang recorded 7 subsale transactions between 2021 and 2025, with a median price of RM 1.03 million and a median price per square foot (PSF) of RM 313.

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 1.03 million, with most transactions falling within a stable range of RM 800K to RM 1.26 million, and a typical market range of RM 860K to RM 1.20 million.

Most transactions involved terraced factory/warehouse, with minimal variety in property types.

For price per square foot, the median is RM 313, with most transactions between RM 302 and RM 324. The usual range is RM 304.25 to RM 321.75, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 17.50 and an average deviation (MAD) of RM 11 indicate a highly stable PSF trend across properties.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

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SOON CORPORATION, Seberang Perai Utara, Penang

OSM

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Transactions

7 transactions found

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Grouped View Individual View

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RM 900,000

SOLOK KERAPU

2,400 sqft • RM 375.00 PSF

Nov 2023

RM 300,000

JALAN KERAPU

1,000 sqft • RM 300.00 PSF

May 2023

RM 1,030,000

JALAN PERMATANG PAUH

3,178 sqft • RM 324.00 PSF

May 2023

RM 1,030,000

JALAN PERMATANG PAUH

3,180 sqft • RM 324.00 PSF

Jan 2023

RM 1,350,000

JALAN PERMATANG PAUH

4,316 sqft • RM 313.00 PSF

Dec 2022

RM 1,350,000

JALAN PERMATANG PAUH

4,316 sqft • RM 313.00 PSF

Apr 2021

RM 800,000

JALAN PMTG PAUH

3,180 sqft • RM 252.00 PSF

Jan 2021

Road	Price	Land PSF	Land	Date	Type
SOLOK KERAPU	RM 900,000	RM 375.00	2,400 sqft	Nov 2023	Terraced Factory
JALAN KERAPU	RM 300,000	RM 300.00	1,000 sqft	May 2023	Terraced Factory
JALAN PERMATANG PAUH	RM 1,030,000	RM 324.00	3,178 sqft	May 2023	Terraced Factory
JALAN PERMATANG PAUH	RM 1,030,000	RM 324.00	3,180 sqft	Jan 2023	Terraced Factory
JALAN PERMATANG PAUH	RM 1,350,000	RM 313.00	4,316 sqft	Dec 2022	Terraced Factory
JALAN PERMATANG PAUH	RM 1,350,000	RM 313.00	4,316 sqft	Apr 2021	Terraced Factory
JALAN PMTG PAUH	RM 800,000	RM 252.00	3,180 sqft	Jan 2021	Terraced Factory