Vervea

Jln Vervea 13, Pulau Pinang, Malaysia

Property Transactions

33 subsales grouped by size

Period
transactions middle 50% (P25–P75)
3,300 sqft
Shop
RM1,300,000
Level 1
3,305 sqft · RM393 PSF
RM1,210,000
Level G
3,608 sqft · RM335 PSF
RM1,830,000
Jalan Vervea 9
3,606 sqft · RM508 PSF
RM1,580,000
Jalan Vervea 2
3,606 sqft · RM438 PSF
RM1,950,000
Jalan Vervea 9
3,606 sqft · RM541 PSF
RM1,250,000
Jalan Vervea 3
3,606 sqft · RM347 PSF
RM1,230,000
Jalan Vervea 9
3,606 sqft · RM341 PSF
+18 more
3,900 sqft
3-Sty Shop
RM2,253,000
Jalan Vervea 13
3,875 sqft · RM581 PSF
4,450 sqft
4-Sty Shop
RM2,000,000
Jalan Vervea 9
4,456 sqft · RM449 PSF
RM3,705,000
Jalan Vervea 3
4,456 sqft · RM831 PSF
RM2,330,000
Jalan Vervea 3
4,456 sqft · RM523 PSF
RM1,800,000
Jalan Vervea 3
4,456 sqft · RM404 PSF
RM1,850,000
Jalan Vervea 10
4,456 sqft · RM415 PSF
5,450 sqft
4-Sty Shop
RM2,280,000
Jalan Vervea 11
5,468 sqft · RM417 PSF
5,600 sqft
4-Sty Shop
RM2,700,000
Jalan Vervea 9
5,576 sqft · RM484 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Commercial

RM1,600,000

RM1,300 psf

Median transaction price

Low

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Jln Vervea 13, Pulau Pinang, Malaysia

Maps

Vervea in Seberang Perai Selatan, Penang recorded 33 subsale transactions between 2021 and 2026, with a median price of RM1.60 million and a median price per square foot (PSF) of RM417.

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 RM1.60 million, with most transactions falling within a stable range of RM1.30 million to RM1.90 million, and a typical market range of RM1.33 million to RM1.88 million.

Most transactions involved 3 - 3 1/2 storey shop, with moderate diversity in property types available.

Price per square foot shows a median of RM417, though individual units vary from RM141 to RM693 in the core range. The broader market spans RM156.97 to RM676.97, indicating diverse property characteristics. A wider spread (IQR: RM520.00) and deviation (MAD: RM276) 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. Moderate price stability provides a balanced market for both buyers and sellers. Moderate transaction volume may require patience when buying or selling.