PUSAT PERNIAGAAN MAJU JAYA
Commercial Market
Median Price
RM 520,000
PSF Trends (2021-2025)
PROPERTY TYPES OVERVIEW
Double Storey Shop
2 properties
Median Price
RM 565,000
+8.3% CAGR
Median PSF
RM 492.50
+3.8% CAGR
3-Storey Storey Shop
1 properties
Median Price
RM 1,000,000
Median PSF
RM 829.00
| Property Type | Properties | Median Price | Price CAGR | Median PSF | PSF CAGR | |
|---|---|---|---|---|---|---|
| Double Storey Shop | 2 |
RM 565,000
±45K MAD
|
+8.31% |
RM 492.50
±19 MAD
|
+3.83% | |
| 3-Storey Storey Shop | 1 |
RM 1,000,000
|
- |
RM 829.00
|
- |
PUSAT PERNIAGAAN MAJU JAYA in Seberang Perai Tengah, Penang recorded 1 subsale transactions in 2022, with a median price of RM 520K and a median price per square foot (PSF) of RM 474.
This area consists exclusively of commercial properties, with no residential listings recorded.
Price remained flat, and PSF growth was PSF remained flat.
Most transactions involved 2 - 2 1/2 storey shop, though some variety exists in the market.
For price per square foot, the median is RM 474, with most transactions between RM 474 and RM 474. The usual range is RM 385.25 to RM 562.75, showing that most units are priced quite close to each other. With an IQR of RM 177.50 and MAD of RM 0, 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.
Filter by type, year, price, and size
Transactions
1 properties grouped by size
| Road | Price | PSF | Size | Date | Type |
|---|
|
TKT MAJU
|
RM 520,000
|
RM 474.00
|
1,098 sqft
|
Jan 2022
|