Area Intelligence

PEKAN KEPALA BATAS

2 properties
2024
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Median Price
RM 442,500
PSF: RM 292

Commercial Market

Median Price

RM 442,500

IQR: RM 154
MAD: RM 9
RM 292 PSF 48.0%

PSF Trends (2021-2025)

PROPERTY TYPES OVERVIEW

PEKAN KEPALA BATAS in Seberang Perai Utara, Penang recorded 2 subsale transactions in 2024, with a median price of RM 443K and a median price per square foot (PSF) of RM 292.

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 443K, with most transactions falling within a stable range of RM 360K to RM 525K, and a typical market range of RM 401K to RM 484K.

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

Price per square foot shows a median of RM 292, though individual units vary from RM 142 to RM 441 in the core range. The broader market spans RM 214.50 to RM 368.50, indicating diverse property characteristics. A wider spread (IQR: RM 154.00) and deviation (MAD: RM 150) 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. 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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PEKAN KEPALA BATAS, Seberang Perai Utara, Penang

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Transactions

2 properties grouped by size

1,200 sqft
1 units Double Storey Shop
RM 525,000
JALAN PERAK
1,190 sqft · RM 441.00 PSF
May 2024
2,550 sqft
1 units Double Storey Shop
RM 360,000
JALAN PADANG KELAB
2,540 sqft · RM 142.00 PSF
Jul 2024