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VERVEA

Seberang Perai Selatan, Pulau Pinang · Commercial · 35 recorded sales, Aug 2021 to Jun 2026

Thinly traded · 4 sales in 12 months3 - 3 1/2 Storey Shop · 264 - 4 1/2 Storey Shop · 7Shop Unit/Retail Lot · 2
RM 438psf median, against main floor area · 33 priced sales
Not matched to a map location. NAPIC publishes no coordinates, so a project is placed by matching its name against OpenStreetMap; this one has no match yet. Every price on this page is unaffected.

The record

Middle half (25th–75th)
RM 383513 psf
Median price
RM 1,600,000
Price range
RM 1.21mRM 3.71m
Main floor area
3,3055,577 sq ft
Land area
1,15412,422 sq ft
Median price per sq ft of land
RM 1,213

Median of 33 sales that carry a usable area, out of 35 on record — NAPIC published no area for the other 2, so they have no psf. 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 1,154 sq ft against 3,608. 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

4 sales in the 12 months to Jun 2026. Last on record: 17 Jun 2026.

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.

20212 · RM 399 psf
202216 · RM 396 psf
202310 · RM 467 psf
20242 · RM 462 psf
20252
20263 · RM 524 psf

Quarterly medians · not a price trend

3484826152021 Q3 — RM 383 psf, 1 sale2021 Q4 — RM 416 psf, 1 sale2022 Q1 — RM 527 psf, 3 sales2022 Q2 — RM 388 psf, 3 sales2022 Q3 — RM 383 psf, 7 sales2022 Q4 — RM 374 psf, 3 sales2023 Q1 — RM 444 psf, 1 sale2023 Q2 — RM 513 psf, 3 sales2023 Q3 — RM 589 psf, 2 sales2023 Q4 — RM 467 psf, 4 sales2024 Q1 — RM 507 psf, 1 sale2024 Q2 — RM 417 psf, 1 sale2026 Q1 — RM 581 psf, 1 sale2026 Q2 — RM 522 psf, 2 sales
2021 Q32026 Q2
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 · 33 priced sales

RM 343–366 psf — 6 salesRM 366–390 psf — 5 salesRM 390–413 psf — 1 saleRM 413–437 psf — 4 salesRM 437–460 psf — 4 salesRM 460–484 psf — 0 salesRM 484–507 psf — 2 salesRM 507–531 psf — 8 salesRM 531–554 psf — 1 saleRM 554–578 psf — 0 salesRM 578–601 psf — 1 saleRM 601–625 psf — 0 salesRM 625–648 psf — 0 salesRM 648–672 psf — 1 sale
RM 343RM 672 psf

Each bar counts sales in a RM 24 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 35

DateTypeFloorArea (sq ft)PricepsfTenure
17 Jun 20263 - 3 1/2 Storey Shop3,305RM 1,733,000524Freehold
17 Jun 20263 - 3 1/2 Storey Shop3,305RM 1,715,670519Freehold
15 Jan 20263 - 3 1/2 Storey Shop3,875RM 2,253,000581Freehold
7 Oct 2025Shop Unit/Retail Lot1RM 1,300,000Freehold
7 Feb 2025Shop Unit/Retail LotGRM 1,210,000Freehold
4 Jun 20244 - 4 1/2 Storey Shop5,472RM 2,280,000417Freehold
9 Jan 20243 - 3 1/2 Storey Shop3,608RM 1,830,000507Freehold
29 Dec 20234 - 4 1/2 Storey Shop4,453RM 2,000,000449Freehold
6 Dec 20233 - 3 1/2 Storey Shop3,608RM 1,580,000438Freehold
10 Nov 20234 - 4 1/2 Storey Shop5,577RM 2,700,000484Freehold
8 Nov 20233 - 3 1/2 Storey Shop3,608RM 1,950,000541Freehold
23 Aug 20234 - 4 1/2 Storey Shop4,453RM 3,705,149832Freehold
1 Aug 20233 - 3 1/2 Storey Shop3,608RM 1,250,000347Freehold
28 Jun 20233 - 3 1/2 Storey Shop3,608RM 1,230,000341Freehold
12 May 20233 - 3 1/2 Storey Shop3,608RM 1,850,000513Freehold
12 May 20233 - 3 1/2 Storey Shop3,608RM 1,850,000513Freehold
29 Mar 20233 - 3 1/2 Storey Shop3,608RM 1,600,000444Freehold
30 Nov 20223 - 3 1/2 Storey Shop3,608RM 1,350,000374Freehold
3 Oct 20223 - 3 1/2 Storey Shop3,608RM 1,280,000355Freehold
3 Oct 20224 - 4 1/2 Storey Shop4,453RM 2,330,000523Freehold

Others in Seberang Perai Selatan · 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.