PECAHAN LOT 1016

PECAHAN LOT 1016 in Seberang Perai Utara, Penang recorded 4 subsale transactions between 2021 and 2025, with a median price of RM 813K and a median price per square foot (PSF) of RM 335.

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 813K, with most transactions falling within a stable range of RM 600K to RM 1.03 million, and a typical market range of RM 600K to RM 1.03 million.

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

The median PSF stands at RM 335, with core pricing between RM 274 and RM 396. Market pricing typically extends from RM 265.25 to RM 404.75, reflecting moderate variation in unit pricing. The spread of RM 139.50 (IQR) and deviation of RM 61 (MAD) suggest moderate price variations reflecting different property features.

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.