Area Intelligence

PUSAT PERNIAGAAN PASAR AWAM

3 properties
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Median Price
RM 400,000
PSF: RM 284

Commercial Market

Median Price

RM 400,000

IQR: RM 54
MAD: RM 34
RM 284 PSF 13.5%

PSF Trends (2021-2025)

PUSAT PERNIAGAAN PASAR AWAM in Seberang Perai Utara, Penang recorded 3 subsale transactions between 2021 and 2025, with a median price of RM 400K and a median price per square foot (PSF) of RM 284.

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 400K, with most transactions falling within a stable range of RM 358K to RM 442K, and a typical market range of RM 358K to RM 473K.

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

The median PSF stands at RM 284, with core pricing between RM 250 and RM 318. Market pricing typically extends from RM 257.00 to RM 311.00, reflecting moderate variation in unit pricing. With an IQR of RM 54.00 and MAD of RM 34, 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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PUSAT PERNIAGAAN PASAR AWAM, Seberang Perai Utara, Penang

OSM

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Transactions

3 properties grouped by size

1,250 sqft
2 units Double Storey Shop
RM 400,000
TASEK GELUGOR
1,259 sqft · RM 318.00 PSF
Oct 2024
RM 358,000
JLN PASAR 1
1,259 sqft · RM 284.00 PSF
Oct 2022
3,100 sqft
1 units Double Storey Shop
RM 650,000
LORONG PASAR 2
3,100 sqft · RM 210.00 PSF
Nov 2022