Taman Asas Plaza

Central Seberang Perai, Penang, Malaysia

Property Transactions

2 subsales grouped by size

Median
RM129,500
PSF
RM201
Price Size
Period
transactions middle 50% (P25–P75)
600 sqft
Shop
RM59,000
Level 2
603 sqft · RM98 PSF
650 sqft
Shop
RM200,000
Level G
659 sqft · RM304 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Commercial

RM129,500

RM201 psf

Median transaction price

Taman Asas Plaza
© OpenStreetMap · CARTO

Central Seberang Perai, Penang, Malaysia

Maps

Taman Asas Plaza in Seberang Perai Tengah, Penang recorded 2 subsale transactions in 2022, with a median price of RM130K and a median price per square foot (PSF) of RM201.

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 RM130K, with most transactions falling within a stable range of RM59K to RM200K, and a typical market range of RM116K to RM143K.

Most transactions involved shop unit/retail lot, with minimal variety in property types.

Price per square foot shows a median of RM201, though individual units vary from RM98 to RM304 in the core range. The broader market spans RM191.18 to RM210.18, indicating diverse property characteristics. A wider spread (IQR: RM19.00) and deviation (MAD: RM103) 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.