Area Intelligence

BANDAR SUNWAY

5 properties
3-Storey Storey Shop
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Median Price
RM 1,800,000
PSF: RM 1,286

Commercial Market

Median Price

RM 1,800,000

IQR: RM 891
MAD: RM 78
RM 1,286 PSF 45.9%

PSF Trends (2021-2025)

BANDAR SUNWAY in Seberang Perai Tengah, Penang recorded 5 3-Storey Storey Shop properties subsale transactions between 2021 and 2025 for 3-storey storey shop properties, with a median price of RM 1.80 million and a median price per square foot (PSF) of RM 1,286.

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 1.80 million, with most transactions falling within a stable range of RM 1.70 million to RM 2.00 million, and a typical market range of RM 1.70 million to RM 2.23 million.

Within the 3-Storey Storey Shop category, office lot dominated the market, with moderate diversity in property types available.

For price per square foot, the median is RM 1,286, with most transactions between RM 1,158 and RM 1,414. The usual range is RM 840.50 to RM 1,731.50, showing that most units are priced quite close to each other. With an IQR of RM 891.00 and MAD of RM 128, the PSF demonstrates reasonable consistency across the market.

While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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BANDAR SUNWAY, Seberang Perai Tengah, Penang

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Transactions

5 properties grouped by size

1,400 sqft
3 units 3-Storey Storey Shop
RM 1,800,000
JALAN TODAK 3
1,399 sqft · RM 1,286.00 PSF
Apr 2024
RM 1,700,000
JLN. TODAK 5
1,399 sqft · RM 1,215.00 PSF
Jul 2023
RM 2,000,000
JLN TODAK 3
1,399 sqft · RM 1,429.00 PSF
Jun 2022
1,650 sqft
2 units 3-Storey Storey Shop
RM 1,750,000
JALAN TODAK 1
1,668 sqft · RM 1,049.00 PSF
Dec 2022
RM 2,230,000
JALAN TODAK 4
1,668 sqft · RM 1,337.00 PSF
Jul 2022