Area Intelligence

CITY CENTRE BUSINESS HUB (AMANSARA)

3 properties
2024
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Median Price
RM 785,000
PSF: RM 468

Commercial Market

Median Price

RM 785,000

IQR: RM 67
MAD: RM 41
RM 468 PSF 5.6%

PSF Trends (2021-2025)

CITY CENTRE BUSINESS HUB (AMANSARA) in Seberang Perai Utara, Penang recorded 3 subsale transactions in 2024, with a median price of RM 785K and a median price per square foot (PSF) of RM 468.

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 785K, with most transactions falling within a stable range of RM 720K to RM 856K, and a typical market range of RM 730K to RM 840K.

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

The median PSF stands at RM 468, with core pricing between RM 417 and RM 519. Market pricing typically extends from RM 434.50 to RM 501.50, reflecting moderate variation in unit pricing. With an IQR of RM 67.00 and MAD of RM 51, 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.

Area Location

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CITY CENTRE BUSINESS HUB (AMANSARA), Seberang Perai Utara, Penang

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Transactions

3 properties found

Double Storey Shop JALAN SETIA UTARA 3
RM 893,000
2,314 sqft Aug 2024
RM 386.00 PSF
Double Storey Shop JALAN SETIA UTARA 3
RM 785,000
1,539 sqft Apr 2024
RM 510.00 PSF
Double Storey Shop JALAN SETIA UTARA 9
RM 720,000
1,539 sqft Apr 2024
RM 468.00 PSF