Menara BHL

51-23, Jln Sultan Ahmad Shah, 10050 George Town, Pulau Pinang, Malaysia

Property Transactions

2 subsales grouped by size · Shop →

Median
RM 615,000
PSF
RM 650
Price Size
950 sqft
Shop
RM 930,000
Level 1
936 sqft · RM 993 PSF
1,000 sqft
Shop
RM 300,000
Level 2
980 sqft · RM 306 PSF
Legend Recent Highest Price Highest PSF
Eh, what's a Kopitiam?

Kopitiam is the corner kopi shop where neighbours lepak, sembang, and catch up..

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Kopitiam · Quiet right now in Penang
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Market Snapshot

Commercial

RM 615,000

RM 650 psf

Median transaction price

Dis3Plex
© OpenStreetMap · CARTO

Menara BHL, 51-23, Jln Sultan Ahmad Shah, 10050 George Town, Pulau Pinang, Malaysia

Maps

Menara BHL in Barat Daya, Penang recorded 2 subsale transactions in 2021, with a median price of RM 615K and a median price per square foot (PSF) of RM 650.

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 615K, with most transactions falling within a stable range of RM 300K to RM 930K, and a typical market range of RM 405K to RM 825K.

Most transactions involved shop unit/retail lot, with minimal variety in property types.

Price per square foot shows a median of RM 650, though individual units vary from RM 306 to RM 993 in the core range. The broader market spans RM 500.07 to RM 799.32, indicating diverse property characteristics. A wider spread (IQR: RM 299.25) and deviation (MAD: RM 343) indicate significant PSF variations, likely due to diverse property types or conditions.

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.