Asas Parade

Central Seberang Perai, Penang, Malaysia

Property Transactions

3 subsales grouped by size

Median
RM110,000
PSF
RM142
Price Size
Period
transactions middle 50% (P25–P75)
750 sqft
Shop
RM110,000
Level 1
775 sqft · RM142 PSF
800 sqft
Shop
RM110,000
Level 1
775 sqft · RM142 PSF
900 sqft
Shop
RM150,000
Level G
920 sqft · RM163 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Commercial

RM110,000

RM142 psf

Median transaction price

Asas Parade
© OpenStreetMap · CARTO

Central Seberang Perai, Penang, Malaysia

Maps

Asas Parade in Seberang Perai Tengah, Penang recorded 3 subsale transactions in 2023, with a median price of RM110K and a median price per square foot (PSF) of RM142.

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 RM110K, with most transactions falling within a stable range of RM110K to RM129K, and a typical market range of RM110K to RM146K.

Most transactions involved shop unit/retail lot, with minimal variety in property types.

For price per square foot, the median is RM142, with most transactions between RM132 and RM152. The usual range is RM101.46 to RM182.46, showing that most units are priced quite close to each other. With an IQR of RM81.00 and MAD of RM10, 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.