Q1 2026 (Jan - Mar) Subsales Report

Penang

Commercial Property Subsales

Transactions 58
Median Price RM 768K +26.2% QoQ
Quarter-over-Quarter
Compared to Q4 2025 (Oct - Dec): RM 608K
Median PSF RM 357 psf +14.1% QoQ
Quarter-over-Quarter
Compared to Q4 2025 (Oct - Dec): RM 313 psf

Districts in Penang

Property market performance by district for Q1 2026 (Jan - Mar)

1 seberang perai tengah 26 RM 670K -13.0%
2 timur laut 12 RM 644K +48.2%
3 seberang perai selatan 9 RM 1.00M +73.9%
4 seberang perai utara 8 RM 946K +24.5%
5 barat daya 3 RM 1.80M +185.7%

Transactions = Total subsales in Q1 2026 (Jan - Mar)

Median Price = Middle value of all prices (50th percentile)

PSF = Median price per square foot

QoQ = % change from Q4 2025 (Oct - Dec)

YoY = % change in rolling 12-month median vs prior 12 months