Menara BHL
51-23, Jln Sultan Ahmad Shah, 10050 George Town, Pulau Pinang, Malaysia
51-23, Jln Sultan Ahmad Shah, 10050 George Town, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 3
|
RM 280,000
|
RM 292
|
958 sqft
|
|
Office |
|
Level 1
|
RM 850,000
|
RM 908
|
936 sqft
|
|
Shop |
|
Level 1
|
RM 930,000
|
RM 993
|
936 sqft
|
|
Shop |
|
Level 2
|
RM 320,000
|
RM 327
|
980 sqft
|
|
|
|
Level 2
|
RM 350,000
|
RM 357
|
980 sqft
|
|
|
|
Level 3
|
RM 350,000
|
RM 357
|
980 sqft
|
|
|
|
Level 2
|
RM 350,000
|
RM 357
|
980 sqft
|
|
|
|
Level 3
|
RM 280,000
|
RM 286
|
980 sqft
|
|
|
|
Level 2
|
RM 300,000
|
RM 306
|
980 sqft
|
|
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Market Snapshot
CommercialRM 350,000
RM 357 psfMedian transaction price
Menara BHL, 51-23, Jln Sultan Ahmad Shah, 10050 George Town, Pulau Pinang, Malaysia
MapsMenara BHL in Barat Daya, Penang recorded 10 subsale transactions between 2021 and 2026, with a median price of RM 350K and a median price per square foot (PSF) of RM 695.
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 RM 350K, with most transactions falling within a stable range of RM 290K to RM 410K, and a typical market range of RM 280K to RM 560K.
Most transactions involved shop unit/retail lot, with minimal variety in property types.
For price per square foot, the median is RM 695, with most transactions between RM 637 and RM 753. The usual range is RM 545.57 to RM 844.82, showing that most units are priced quite close to each other. With an IQR of RM 299.25 and MAD of RM 58, the PSF demonstrates reasonable consistency across the market.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.