Krystal Point Commercial Centre
Jalan Sultan Azlan Shah, Krystal Point Corporate Park, 11900 Bayan Lepas, Pulau Pinang, Malaysia
Jalan Sultan Azlan Shah, Krystal Point Corporate Park, 11900 Bayan Lepas, Pulau Pinang, Malaysia
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2025 | |||||
|
Level 2
|
RM 585,000
|
RM 611
|
958 sqft
|
|
Shop |
| 2024 | |||||
|
Level 2
|
RM 388,000
|
RM 405
|
958 sqft
|
|
Shop |
| 2023 | |||||
|
Level 1
|
RM 1,100,000
|
RM 1,188
|
926 sqft
|
|
Shop |
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Market Snapshot
CommercialRM 585,000
RM 611 psfMedian transaction price
Jalan Sultan Azlan Shah, Krystal Point Corporate Park, 11900 Bayan Lepas, Pulau Pinang, Malaysia
MapsKrystal Point Commercial Centre in Barat Daya, Penang recorded 3 subsale transactions between 2021 and 2026, sized between 925 and 974 sqft, with a median price of RM 585K and a median price per square foot (PSF) of RM 611.
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 585K, with most transactions falling within a stable range of RM 388K to RM 885K, and a typical market range of RM 388K to RM 787K.
Most transactions involved shop unit/retail lot, with minimal variety in property types.
Price per square foot shows a median of RM 611, though individual units vary from RM 279 to RM 942 in the core range. The broader market spans RM 539.90 to RM 681.40, indicating diverse property characteristics. A wider spread (IQR: RM 141.50) and deviation (MAD: RM 332) 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.