Pusat Komersial in Seberang Perai Tengah, Penang recorded 4 subsale transactions in 2022, with a median price of RM525K and a median price per square foot (PSF) of RM230.

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 RM525K, with most transactions falling within a stable range of RM311K to RM739K, and a typical market range of RM316K to RM734K.

Most transactions involved 3 - 3 1/2 storey shop, though some variety exists in the market.

Price per square foot shows a median of RM230, though individual units vary from RM157 to RM304 in the core range. The broader market spans RM141.19 to RM319.69, indicating diverse property characteristics. A wider spread (IQR: RM178.50) and deviation (MAD: RM74) indicate significant PSF variations, likely due to diverse property types or conditions.

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.