Area Intelligence

KOMPLEKS CHAIN FERRY

3 properties
2022
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Median Price
RM 590,000
PSF: RM 300

Residential Market

Median Price

RM 415,000

IQR: RM 51
MAD: RM 51
RM 239 PSF

PSF Trends (2021-2025)

Commercial Market

Median Price

RM 590,000

IQR: RM 53
MAD: RM 25
RM 300 PSF 17.5%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

KOMPLEKS CHAIN FERRY in Seberang Perai Utara, Penang recorded 3 subsale transactions in 2022, with a median price of RM 590K and a median price per square foot (PSF) of RM 300.

This area contains both residential and commercial properties. View 2 residential properties or 4 commercial properties separately for more focused analysis.

Price remained flat, and PSF growth was PSF remained flat. The median price is RM 590K, with most transactions falling within a stable range of RM 508K to RM 672K, and a typical market range of RM 505K to RM 675K.

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 300, with most transactions between RM 280 and RM 320. The usual range is RM 279.88 to RM 320.13, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 40.25 and an average deviation (MAD) of RM 20 indicate a highly stable PSF trend across properties.

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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KOMPLEKS CHAIN FERRY, Seberang Perai Utara, Penang

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Transactions

3 properties grouped by size

1,650 sqft
1 units Double Storey Shop
RM 500,000
TINGKAT LIMBUNGAN 1
1,666 sqft · RM 300.00 PSF
Apr 2022
2,150 sqft
2 units Double Storey Shop
RM 590,000
JLN.CHAIN FERRY
2,164 sqft · RM 273.00 PSF
Aug 2022
RM 700,000
JLN CHAIN FERRY
2,164 sqft · RM 323.00 PSF
Jun 2022