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1 CITY (PUSAT PERNIAGAAN SERI JURU)

Seberang Perai Tengah, Pulau Pinang · Commercial · 46 recorded sales, Nov 2021 to Nov 2024

No sale recorded since Nov 20242 - 2 1/2 Storey Shop · 443 - 3 1/2 Storey Shop · 2
RM 360psf median, against main floor area · 46 priced sales
© CARTO · © OpenStreetMap

The record

Middle half (25th–75th)
RM 335376 psf
Median price
RM 938,000
Price range
RM 750kRM 1.92m
Main floor area
2,3373,867 sq ft
Land area
1,2592,465 sq ft
Median price per sq ft of land
RM 670

Median of 46 sales that carry a usable area, out of 46 on record. Half the sales fell inside the middle-half band; half did not.

Land is published separately from main floor area and is the larger of the two here — a median of 1,399 sq ft against 2,603. Two houses can share a floor area and differ by half their land, so the price per square foot of the building is not by itself a comparison between them.

Liquidity

No recorded sale in the 12 months to Nov 2024. Last on record: 19 Nov 2024.

Counted against the newest sale in the corpus, not against today: NAPIC runs about three months in arrears, so a window ending today would quietly be a nine-month window and read low.

20211 · RM 331 psf
202228 · RM 360 psf
202313 · RM 360 psf
20244 · RM 339 psf

Quarterly medians · not a price trend

2994155312021 Q4 — RM 331 psf, 1 sale2022 Q1 — RM 349 psf, 5 sales2022 Q2 — RM 385 psf, 7 sales2022 Q3 — RM 335 psf, 7 sales2022 Q4 — RM 360 psf, 9 sales2023 Q1 — RM 360 psf, 1 sale2023 Q2 — RM 360 psf, 7 sales2023 Q3 — RM 360 psf, 4 sales2023 Q4 — RM 377 psf, 1 sale2024 Q2 — RM 509 psf, 1 sale2024 Q3 — RM 357 psf, 1 sale2024 Q4 — RM 321 psf, 2 sales
2021 Q42024 Q4
5+ sales in the quarterfewer — plotted, never joined

Each point is the median psf of what sold that quarter, so it moves with the mix as much as with price — a quarter in which the larger units happened to change hands reads low per square foot without anything having got cheaper. A line is drawn only along a run of three or more consecutive quarters that each carry five or more sales — two points are a difference, not a direction.

There is no mix-adjusted series for commercial in Pulau Pinang long or clean enough to state a direction, so this page states none.

Distribution · 46 priced sales

RM 300–316 psf — 5 salesRM 316–332 psf — 3 salesRM 332–348 psf — 5 salesRM 348–364 psf — 18 salesRM 364–380 psf — 4 salesRM 380–396 psf — 5 salesRM 396–412 psf — 1 saleRM 412–428 psf — 0 salesRM 428–444 psf — 0 salesRM 444–461 psf — 1 saleRM 461–477 psf — 0 salesRM 477–493 psf — 0 salesRM 493–509 psf — 2 salesRM 509–525 psf — 2 sales
RM 300RM 525 psf

Each bar counts sales in a RM 16 psf band, measured against main floor area. The axis is trimmed to the 2nd–98th percentile, so a handful of sales fall outside it; they are still counted in every figure above.

Most recent sales · 20 of 46

DateTypeArea (sq ft)PricepsfTenure
19 Nov 20242 - 2 1/2 Storey Shop2,800RM 900,000321Freehold
19 Nov 20242 - 2 1/2 Storey Shop2,800RM 900,000321Freehold
13 Sep 20242 - 2 1/2 Storey Shop2,800RM 1,000,000357Freehold
10 May 20242 - 2 1/2 Storey Shop2,438RM 1,240,000509Freehold
30 Nov 20232 - 2 1/2 Storey Shop2,603RM 980,000377Freehold
5 Sep 20233 - 3 1/2 Storey Shop3,867RM 1,500,000388Freehold
17 Aug 20232 - 2 1/2 Storey Shop2,603RM 938,000360Freehold
3 Aug 20232 - 2 1/2 Storey Shop2,603RM 938,000360Freehold
14 Jul 20232 - 2 1/2 Storey Shop2,605RM 938,000360Freehold
9 Jun 20232 - 2 1/2 Storey Shop2,603RM 938,000360Freehold
25 May 20232 - 2 1/2 Storey Shop2,971RM 1,068,000360Freehold
18 May 20232 - 2 1/2 Storey Shop2,603RM 938,000360Freehold
18 May 20232 - 2 1/2 Storey Shop2,603RM 938,000360Freehold
18 May 20232 - 2 1/2 Storey Shop2,603RM 938,000360Freehold
28 Apr 20232 - 2 1/2 Storey Shop2,603RM 938,000360Freehold
25 Apr 20233 - 3 1/2 Storey Shop3,867RM 1,920,000497Freehold
7 Feb 20232 - 2 1/2 Storey Shop2,603RM 938,000360Freehold
7 Nov 20222 - 2 1/2 Storey Shop2,603RM 938,000360Freehold
25 Oct 20222 - 2 1/2 Storey Shop2,603RM 1,358,000522Freehold
17 Oct 20222 - 2 1/2 Storey Shop2,603RM 938,000360Freehold

Others in Seberang Perai Tengah · commercial

Where these numbers come from

Every figure on this page is computed from registered transactions published by the National Property Information Centre (NAPIC), Valuation and Property Services Department (JPPH), Ministry of Finance Malaysia, as open data. These are completed sales, not asking prices, and not properties currently on the market.
Areas are as published: main floor area. Nothing here is a valuation.