Taman Asas Plaza

Central Seberang Perai, Penang, Malaysia

Property Transactions

5 subsales grouped by size

Median
RM55,000
PSF
RM82
Price Size
Period
transactions middle 50% (P25–P75)
600 sqft
Shop
RM49,000
Level 2
601 sqft · RM82 PSF
RM95,000
Level G
601 sqft · RM158 PSF
RM49,000
Level 2
603 sqft · RM81 PSF
700 sqft
Shop
RM55,000
Level 2
698 sqft · RM79 PSF
850 sqft
Shop
RM76,000
Level 2
843 sqft · RM90 PSF
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Market Snapshot

Commercial

RM55,000

RM82 psf

Median transaction price

Taman Asas Plaza
© OpenStreetMap · CARTO

Central Seberang Perai, Penang, Malaysia

Maps

Taman Asas Plaza in Seberang Perai Tengah, Penang recorded 5 subsale transactions in 2023, with a median price of RM55K and a median price per square foot (PSF) of RM82.

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 RM55K, with most transactions falling within a stable range of RM49K to RM73K, and a typical market range of RM49K to RM69K.

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

Price per square foot shows a median of RM82, though individual units vary from RM51 to RM112 in the core range. The broader market spans RM72.08 to RM91.08, indicating diverse property characteristics. A wider spread (IQR: RM19.00) and deviation (MAD: RM30) 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.