Area Intelligence

SOON CORPORATION

7 properties
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Median Price
RM 1,030,000
PSF: RM 313

Commercial Market

Median Price

RM 1,030,000

IQR: RM 18
MAD: RM 11
RM 313 PSF 7.1%

PSF Trends (2021-2025)

SOON CORPORATION in Seberang Perai Utara, Penang recorded 7 subsale transactions between 2021 and 2025, with a median price of RM 1.03 million and a median price per square foot (PSF) of RM 313.

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 1.03 million, with most transactions falling within a stable range of RM 800K to RM 1.26 million, and a typical market range of RM 860K to RM 1.20 million.

Most transactions involved terraced factory/warehouse, with minimal variety in property types.

For price per square foot, the median is RM 313, with most transactions between RM 302 and RM 324. The usual range is RM 304.25 to RM 321.75, showing that most units are priced quite close to each other. A typical spread (IQR) of RM 17.50 and an average deviation (MAD) of RM 11 indicate a highly stable PSF trend across properties.

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.

Area Location

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SOON CORPORATION, Seberang Perai Utara, Penang

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Transactions

7 properties grouped by size

1,000 sqft
1 units Terraced Factory
RM 300,000
JALAN KERAPU
1,000 sqft · RM 300.00 PSF
May 2023
2,400 sqft
1 units Terraced Factory
RM 900,000
SOLOK KERAPU
2,400 sqft · RM 375.00 PSF
Nov 2023
3,200 sqft
3 units Terraced Factory
RM 1,030,000
JLN PERMATANG PAUH
3,178 sqft · RM 324.00 PSF
May 2023
RM 1,030,000
JLN PERMATANG PAUH
3,180 sqft · RM 324.00 PSF
Jan 2023
RM 800,000
JLN PMTG PAUH
3,180 sqft · RM 252.00 PSF
Jan 2021
4,300 sqft
2 units Terraced Factory
RM 1,350,000
JALAN PERMATANG PAUH
4,316 sqft · RM 313.00 PSF
Dec 2022
RM 1,350,000
JALAN PERMATANG PAUH
4,316 sqft · RM 313.00 PSF
Apr 2021