THE PROMINENCE
Residential Market
Median Price
RM 486,500
PSF Trends (2021-2025)
Commercial Market
Median Price
RM 1,650,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Condo/Apartment
30 properties
Median Price
RM 485,000
+0.3% CAGR
Median PSF
RM 360.00
+3.8% CAGR
3-Storey Storey Shop
5 properties
Median Price
RM 1,650,000
-0.6% CAGR
Median PSF
RM 1,217.00
-0.6% CAGR
Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
---|---|---|---|---|---|---|
Condo/Apartment | 30 |
RM 485,000
±15K MAD
|
+0.29% |
RM 360.00
±6 MAD
|
+3.79% | |
3-Storey Storey Shop | 5 |
RM 1,650,000
±20K MAD
|
-0.61% |
RM 1,217.00
±15 MAD
|
-0.62% |
THE PROMINENCE 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 1.65 million and a median price per square foot (PSF) of RM 1,217.
This area contains both residential and commercial properties. View 30 residential properties or 5 commercial properties separately for more focused analysis.
Price remained flat, and PSF growth was PSF remained flat. The median price is RM 1.65 million, with most transactions falling within a stable range of RM 1.63 million to RM 1.67 million, and a typical market range of RM 1.61 million to RM 1.68 million.
Within the 3-Storey Storey Shop category, condominium/apartment dominated the market, though some variety exists in the market.
For price per square foot, the median is RM 1,217, with most transactions between RM 1,200 and RM 1,234. The usual range is RM 1,181.00 to RM 1,253.00, showing that most units are priced quite close to each other. With an IQR of RM 72.00 and MAD of RM 17, 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.
Filter by type, year, price, and size
Transactions
5 properties grouped by size
Road | Price | PSF | Size | Date | Type |
---|
LORONG PERDA UTAMA 3
|
RM 1,650,000
|
RM 1,217.00
|
1,356 sqft
|
Jun 2023
|
|
LORONG PERDA UTAMA 3
|
RM 1,610,000
|
RM 1,187.00
|
1,356 sqft
|
May 2023
|
|
LORONG PERDA UTAMA 3
|
RM 1,680,000
|
RM 1,239.00
|
1,356 sqft
|
Apr 2022
|
|
LORONG PERDA UTAMA 3
|
RM 1,650,000
|
RM 1,217.00
|
1,356 sqft
|
Oct 2021
|
|
LORONG PERDA UTAMA 3
|
RM 1,650,000
|
RM 1,217.00
|
1,356 sqft
|
May 2021
|