Penang, Seberang Perai Utara, Butterworth

WISMA PANTAI

Area Intelligence

2021

Median Price

RM 400,000

PSF: RM 220

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Commercial PSF Trends

Median Price

RM 400,000

RM 220 PSF

WISMA PANTAI in Seberang Perai Utara, Penang recorded 1 subsale transactions in 2021, with a median price of RM 400K and a median price per square foot (PSF) of RM 220.

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 400K, with most transactions falling within a stable range of RM 370K to RM 430K, and a typical market range of RM 359K to RM 441K.

Most transactions involved office lot, with minimal variety in property types.

The median PSF stands at RM 220, with core pricing between RM 193 and RM 248. Market pricing typically extends from RM 191.75 to RM 248.25, reflecting moderate variation in unit pricing. With an IQR of RM 56.50 and MAD of RM 28, the PSF demonstrates reasonable consistency across the market.

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.

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WISMA PANTAI, Seberang Perai Utara, Penang

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