Area Intelligence

PUSAT PERNIAGAAN STAR AVENUE

3 properties
2023
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Median Price
RM 1,300,000
PSF: RM 285

Commercial Market

Median Price

RM 1,300,000

IQR: RM 50
MAD: RM 32
RM 285 PSF 5.4%

PSF Trends (2021-2025)

PUSAT PERNIAGAAN STAR AVENUE in Seberang Perai Selatan, Penang recorded 3 subsale transactions in 2023, with a median price of RM 1.30 million and a median price per square foot (PSF) of RM 285.

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 1.30 million, with most transactions falling within a stable range of RM 1.24 million to RM 1.30 million, and a typical market range of RM 1.20 million to RM 1.30 million.

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

For price per square foot, the median is RM 285, with most transactions between RM 275 and RM 295. The usual range is RM 260.00 to RM 310.00, showing that most units are priced quite close to each other. With an IQR of RM 50.00 and MAD of RM 10, the PSF demonstrates reasonable consistency across the market.

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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PUSAT PERNIAGAAN STAR AVENUE, Seberang Perai Selatan, Penang

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Transactions

3 properties grouped by size

4,450 sqft
1 units Double Storey Shop
RM 1,180,000
JALAN STAR AVENUE
4,467 sqft · RM 264.00 PSF
May 2023
4,550 sqft
2 units Double Storey Shop
RM 1,300,000
JALAN STAR AVENUE
4,553 sqft · RM 286.00 PSF
May 2023
RM 1,300,000
JALAN STAR AVENUE
4,564 sqft · RM 285.00 PSF
May 2023