Area Intelligence

1 CITY (PUSAT PERNIAGAAN SERI JURU)

22 properties
2022
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Median Price
RM 938,000
PSF: RM 655

Commercial Market

Median Price

RM 938,000

IQR: RM 57
MAD: RM 30
RM 655 PSF 5.2%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

1 CITY (PUSAT PERNIAGAAN SERI JURU) in Seberang Perai Tengah, Penang recorded 22 subsale transactions in 2022, with a median price of RM 938K and a median price per square foot (PSF) of RM 655.

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 938K, with most transactions falling within a stable range of RM 754K to RM 1.12 million, and a typical market range of RM 933K to RM 943K.

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

For price per square foot, the median is RM 655, with most transactions between RM 597 and RM 713. The usual range is RM 626.50 to RM 683.50, showing that most units are priced quite close to each other. With an IQR of RM 57.00 and MAD of RM 58, 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. Moderate transaction volume may require patience when buying or selling.

Area Location

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1 CITY (PUSAT PERNIAGAAN SERI JURU), Seberang Perai Tengah, Penang

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Transactions

22 properties grouped by size

1,250 sqft
1 units Double Storey Shop
RM 948,000
JALAN PERNIAGAAN SERI JURU 2
1,259 sqft · RM 753.00 PSF
Apr 2022
1,300 sqft
5 units Double Storey Shop
RM 938,000
JALAN PERNIAGAAN SERI JURU 2
1,313 sqft · RM 714.00 PSF
Oct 2022
RM 938,000
JALAN PERNIAGAAN SERI JURU 2
1,313 sqft · RM 714.00 PSF
Jun 2022
RM 938,000
JALAN PERNIAGAAN SERI JURU 2
1,313 sqft · RM 714.00 PSF
Apr 2022
RM 938,000
JALAN PERNIAGAAN SERI JURU 2
1,313 sqft · RM 714.00 PSF
Feb 2022
RM 850,000
JALAN PERNIAGAAN SERI JURU 2
1,313 sqft · RM 647.00 PSF
Feb 2022
1,400 sqft
9 units (showing 6) Double Storey Shop
RM 938,000
JALAN PERNIAGAAN SERI JURU
1,399 sqft · RM 670.00 PSF
Nov 2022
RM 780,000
JALAN PERNIAGAAN SERI JURU
1,378 sqft · RM 566.00 PSF
Oct 2022
RM 780,000
JALAN PERNIAGAAN SERI JURU
1,399 sqft · RM 557.00 PSF
Oct 2022
RM 938,000
JALAN PERNIAGAAN SERI JURU
1,399 sqft · RM 670.00 PSF
Oct 2022
RM 938,000
JALAN PERNIAGAAN SERI JURU
1,399 sqft · RM 670.00 PSF
Sep 2022
RM 938,000
JALAN PERNIAGAAN SERI JURU
1,399 sqft · RM 670.00 PSF
Sep 2022
1,450 sqft
4 units Double Storey Shop
RM 750,000
JALAN PERNIAGAAN SERI JURU
1,432 sqft · RM 524.00 PSF
Oct 2022
RM 938,000
JALAN PERNIAGAAN SERI JURU 3
1,432 sqft · RM 655.00 PSF
Jun 2022
RM 938,000
JALAN PERNIAGAAN SERI JURU 3
1,432 sqft · RM 655.00 PSF
May 2022
RM 938,000
JALAN PERNIAGAAN SERI JURU
1,432 sqft · RM 655.00 PSF
Mar 2022
2,250 sqft
1 units Double Storey Shop
RM 1,278,000
JALAN PERNIAGAAN SERI JURU
2,260 sqft · RM 565.00 PSF
Oct 2022
2,300 sqft
1 units Double Storey Shop
RM 1,358,000
JALAN PERNIAGAAN SERI JURU
2,314 sqft · RM 587.00 PSF
Oct 2022
2,450 sqft
1 units Double Storey Shop
RM 1,550,000
JALAN PERNIAGAAN SERI JURU 1
2,465 sqft · RM 629.00 PSF
May 2022