PUSAT PERNIAGAAN GEMILANG

PUSAT PERNIAGAAN GEMILANG in Seberang Perai Tengah, Penang recorded 4 Double Storey Shop properties subsale transactions between 2021 and 2025 for double storey shop properties, with a median price of RM 1.50 million and a median price per square foot (PSF) of RM 819.

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 1.50 million, with most transactions falling within a stable range of RM 1.25 million to RM 2.20 million, and a typical market range of RM 1.25 million to RM 1.79 million.

Within the Double Storey Shop category, 2 - 2 1/2 storey shop dominated the market, with minimal variety in property types.

Price per square foot shows a median of RM 819, though individual units vary from RM 615 to RM 1,023 in the core range. The broader market spans RM 698.88 to RM 939.13, indicating diverse property characteristics. The spread of RM 240.25 (IQR) and deviation of RM 204 (MAD) suggest moderate price variations reflecting different property features.

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.