Penang
Barat Daya
12
KRYSTAL POINT COMMERCIAL CENTRE

KRYSTAL POINT COMMERCIAL CENTRE

Area Intelligence

2023

Median Price

RM 1,100,000

PSF: RM 1,188

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Commercial PSF Trends

Median Price

RM 1,100,000

RM 1,188 PSF

KRYSTAL POINT COMMERCIAL CENTRE in Barat Daya, Penang recorded 1 subsale transactions in 2023, priced between RM 750K and RM 2.00 million, with a median price of RM 1.10 million and a median price per square foot (PSF) of RM 1,188.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat.

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

For price per square foot, the median is RM 1,188, with most transactions between RM 1,188 and RM 1,188. The usual range is RM 1,117.54 to RM 1,259.04, showing that most units are priced quite close to each other. With an IQR of RM 141.50 and MAD of RM 0, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

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KRYSTAL POINT COMMERCIAL CENTRE, Barat Daya, Penang

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