PUSAT PERNIAGAAN

1, Jalan Permatang Rawa 1, Permatang Rawa, 14000 Bukit Mertajam, Pulau Pinang, Malaysia

Property Transactions

6 subsales grouped by size

Median
RM370,000
PSF
RM146
Period
transactions middle 50% (P25–P75)
2,300 sqft
3-Sty Shop
RM360,000
Jalan Megat Harun
2,282 sqft · RM158 PSF
2,700 sqft
3-Sty Shop
RM450,000
Lorong Maju 3
2,680 sqft · RM168 PSF
RM320,000
Lorong Maju 3
2,680 sqft · RM119 PSF
RM380,000
Lorong Maju 3
2,680 sqft · RM142 PSF
RM350,000
Lorong Maju 3
2,680 sqft · RM131 PSF
2,850 sqft
3-Sty Shop
RM420,000
Lorong Maju 3
2,874 sqft · RM146 PSF
Legend Recent Highest Price Highest PSF

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© OpenStreetMap · CARTO

PUSAT PERNIAGAAN, 1, Jalan Permatang Rawa 1, Permatang Rawa, 14000 Bukit Mertajam, Pulau Pinang, Malaysia

Maps

PUSAT PERNIAGAAN in Seberang Perai Tengah, Penang recorded 6 subsale transactions between 2021 and 2026, with a median price of RM370K and a median price per square foot (PSF) of RM146.

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 RM370K, with most transactions falling within a stable range of RM335K to RM405K, and a typical market range of RM341K to RM399K.

Most transactions involved 3 - 3 1/2 storey shop, with minimal variety in property types.

Price per square foot shows a median of RM146, though individual units vary from RM104 to RM189 in the core range. The broader market spans RM109.51 to RM182.77, indicating diverse property characteristics. A wider spread (IQR: RM73.25) and deviation (MAD: RM43) 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. 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.