Penang, Seberang Perai Utara, Butterworth

SOON CORPORATION

Area Intelligence

Median Price

RM 300,000

PSF: RM 300

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Commercial PSF Trends

Median Price

RM 300,000

RM 300 PSF

SOON CORPORATION in Seberang Perai Utara, Penang recorded 1 subsale transactions between 2021 and 2025, with a median price of RM 300K and a median price per square foot (PSF) of RM 300.

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

For price per square foot, the median is RM 300, with most transactions between RM 300 and RM 300. The usual range is RM 291.25 to RM 308.75, 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 0 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

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SOON CORPORATION, Seberang Perai Utara, Penang

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