Vervea

Jln Vervea 13, Pulau Pinang, Malaysia

Property Transactions

7 subsales grouped by size

Median
RM2,280,000
PSF
RM449
Price Size
Period
transactions middle 50% (P25–P75)
4,450 sqft
4-Sty Shop
RM2,000,000
Jalan Vervea 9
4,456 sqft · RM449 PSF
RM3,705,000
Jalan Vervea 3
4,456 sqft · RM831 PSF
RM2,330,000
Jalan Vervea 3
4,456 sqft · RM523 PSF
RM1,800,000
Jalan Vervea 3
4,456 sqft · RM404 PSF
RM1,850,000
Jalan Vervea 10
4,456 sqft · RM415 PSF
5,450 sqft
4-Sty Shop
RM2,280,000
Jalan Vervea 11
5,468 sqft · RM417 PSF
5,600 sqft
4-Sty Shop
RM2,700,000
Jalan Vervea 9
5,576 sqft · RM484 PSF
Legend Recent Highest Price Highest PSF

Selling in Vervea? Homes here sold for a median of RM2,280,000.

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Market Snapshot

Commercial

RM2,280,000

RM449 psf

Median transaction price

Low

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Jln Vervea 13, Pulau Pinang, Malaysia

Maps

Vervea in Seberang Perai Selatan, Penang recorded 7 4-Storey Shop properties subsale transactions between 2021 and 2026, with a median price of RM2.28 million and a median price per square foot (PSF) of RM449.

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 RM2.28 million, with most transactions falling within a stable range of RM1.80 million to RM2.89 million, and a typical market range of RM2.01 million to RM2.56 million.

Within the 4-Storey Shop category, 3 - 3 1/2 storey shop dominated the market, with moderate diversity in property types available.

Price per square foot shows a median of RM449, though individual units vary from RM309 to RM588 in the core range. The broader market spans RM188.81 to RM708.81, indicating diverse property characteristics. A wider spread (IQR: RM520.00) and deviation (MAD: RM140) indicate significant PSF variations, likely due to diverse property types or conditions.

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.