Area Intelligence

PUSAT PERNIAGAAN SERI MUDA

2 properties
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Median Price
RM 810,000
PSF: RM 464

Commercial Market

Median Price

RM 810,000

IQR: RM 168
MAD: RM 168
RM 464 PSF

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

PUSAT PERNIAGAAN SERI MUDA in Seberang Perai Utara, Penang recorded 2 subsale transactions between 2021 and 2025, with a median price of RM 810K and a median price per square foot (PSF) of RM 464.

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 810K, with most transactions falling within a stable range of RM 770K to RM 850K, and a typical market range of RM 790K to RM 830K.

Most transactions involved 1 - 1 1/2 storey shop, with moderate diversity in property types available.

Price per square foot shows a median of RM 464, though individual units vary from RM 296 to RM 632 in the core range. The broader market spans RM 380.00 to RM 548.00, indicating diverse property characteristics. A wider spread (IQR: RM 168.00) and deviation (MAD: RM 168) indicate significant PSF variations, likely due to diverse property types or conditions.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.

Area Location

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PUSAT PERNIAGAAN SERI MUDA, Seberang Perai Utara, Penang

OSM

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Transactions

2 properties grouped by size

1,350 sqft
1 units Double Storey Shop
RM 850,000
JALAN SERI MUDA
1,345 sqft · RM 632.00 PSF
Apr 2024
2,600 sqft
1 units Single Storey Shop
RM 770,000
JALAN PENAGA
2,605 sqft · RM 296.00 PSF
May 2024