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ICON CITY

Seberang Perai Tengah, Pulau Pinang · Commercial · 8 recorded sales, Apr 2023 to Aug 2024

No sale recorded since Aug 20243 - 3 1/2 Storey Shop · 8
RM 651psf median, against main floor area · 8 priced sales
© CARTO · © OpenStreetMap

The record

Middle half (25th–75th)
RM 598 – 705 psf
Median price
RM 3,810,000
Price range
RM 3.40m – RM 4.30m
Main floor area
5,856 – 5,963 sq ft
Land area
3,154 – 3,649 sq ft
Median price per sq ft of land
RM 1,136

Median of 8 sales that carry a usable area, out of 8 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 3,342 sq ft against 5,856. 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 Aug 2024. Last on record: 23 Aug 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.

20232 · RM 619 psf
20246 · RM 681 psf

Quarterly medians · not a price trend

6106557002023 Q2 — RM 619 psf, 2 sales2024 Q2 — RM 691 psf, 4 sales2024 Q3 — RM 649 psf, 2 sales
2023 Q22024 Q3
5+ sales in the quarterfewer — plotted, never joinedNo run of 3 quarters is dense enough to draw a line through.

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 · 8 priced sales

RM 583–593 psf — 1 saleRM 593–603 psf — 2 salesRM 603–613 psf — 0 salesRM 613–623 psf — 0 salesRM 623–632 psf — 0 salesRM 632–642 psf — 1 saleRM 642–652 psf — 0 salesRM 652–662 psf — 1 saleRM 662–672 psf — 0 salesRM 672–682 psf — 0 salesRM 682–692 psf — 0 salesRM 692–701 psf — 1 saleRM 701–711 psf — 0 salesRM 711–721 psf — 2 sales
RM 583RM 721 psf

Each bar counts sales in a RM 10 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 · 8 of 8

DateTypeArea (sq ft)PricepsfTenure
23 Aug 20243 - 3 1/2 Storey Shop5,856RM 4,100,000700Freehold
23 Aug 20243 - 3 1/2 Storey Shop5,856RM 3,500,000598Freehold
27 Jun 20243 - 3 1/2 Storey Shop5,856RM 3,400,000581Freehold
13 Jun 20243 - 3 1/2 Storey Shop5,963RM 4,300,000721Freehold
13 Jun 20243 - 3 1/2 Storey Shop5,963RM 4,300,000721Freehold
14 May 20243 - 3 1/2 Storey Shop5,856RM 3,870,000661Freehold
7 Jun 20233 - 3 1/2 Storey Shop5,856RM 3,750,000640Freehold
11 Apr 20233 - 3 1/2 Storey Shop5,856RM 3,500,000598Freehold

Others in Seberang Perai Tengah · commercial

TMN EMAS
RM 280 psf · 6 sales · 11.9 km
TMN CERMAI
RM 290 psf · 6 sales · 12.4 km
TMN AROWANA
RM 178 psf · 33 sales · 12.5 km
TMN PERMATANG SANTUARY
RM 379 psf · 6 sales · 13.2 km
TMN KELISA EMAS (MK 1)
RM 302 psf · 14 sales · 13.3 km
TAMAN GUAR PERAHU INDAH
RM 231 psf · 17 sales · 18.4 km
TMN MUTIARA
RM 227 psf · 30 sales · 18.7 km
BANDAR BUKIT MERTAJAM
RM 279 psf · 57 sales · 19.8 km

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.