Area Intelligence

KAW P'GAAN SIMPANG EMPAT

4 properties
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Median Price
RM 450,000
PSF: RM 327

Commercial Market

Median Price

RM 450,000

IQR: RM 17
MAD: RM 8
RM 327 PSF 2.6%

PSF Trends (2021-2025)

KAW P'GAAN SIMPANG EMPAT in Seberang Perai Selatan, Penang recorded 4 subsale transactions between 2021 and 2025, with a median price of RM 450K and a median price per square foot (PSF) of RM 327.

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 RM 450K, with most transactions falling within a stable range of RM 445K to RM 455K, and a typical market range of RM 447K to RM 453K.

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

For price per square foot, the median is RM 327, with most transactions between RM 319 and RM 335. The usual range is RM 318.38 to RM 335.63, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 17.25 and an average deviation (MAD) of RM 8 indicate a highly stable PSF trend across properties.

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.

Area Location

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KAW P'GAAN SIMPANG EMPAT, Seberang Perai Selatan, Penang

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Transactions

4 properties grouped by size

1,300 sqft
1 units Double Storey Shop
RM 440,000
LRG KERUING 1
1,302 sqft · RM 338.00 PSF
Apr 2024
1,400 sqft
2 units Double Storey Shop
RM 465,000
LRG KERUING 2
1,399 sqft · RM 332.00 PSF
Jul 2023
RM 450,000
LRG KERUING 2
1,399 sqft · RM 322.00 PSF
May 2023
1,500 sqft
1 units Double Storey Shop
RM 450,000
LRG KERUING 2
1,507 sqft · RM 299.00 PSF
May 2024