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 350,000
|
RM 357
|
980 sqft
|
|
|
|
Level 2
|
RM 350,000
|
RM 357
|
980 sqft
|
|
|
|
Level 3
|
RM 280,000
|
RM 286
|
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 4 subsale transactions in 2023, with a median price of RM 350K and a median price per square foot (PSF) of RM 357.
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 280K to RM 578K, and a typical market range of RM 280K to RM 560K.
Most transactions involved shop unit/retail lot, with minimal variety in property types.
Price per square foot shows a median of RM 357, though individual units vary from RM 107 to RM 608 in the core range. The broader market spans RM 207.70 to RM 506.95, indicating diverse property characteristics. A wider spread (IQR: RM 299.25) and deviation (MAD: RM 250) 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.