KRYSTAL POINT COMMERCIAL CENTRE

Area Intelligence
2024
Median Price
RM 196,500
PSF: RM 523

Commercial PSF Trends

Median Price

RM 196,500

RM 523 PSF

KRYSTAL POINT COMMERCIAL CENTRE in Barat Daya, Penang recorded 4 subsale transactions in 2024, with a median price of RM 197K and a median price per square foot (PSF) of RM 523.

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 197K, with most transactions falling within a stable range of RM 184K to RM 208K, and a typical market range of RM 180K to RM 208K.

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

For price per square foot, the median is RM 523, with most transactions between RM 516 and RM 529. The usual range is RM 451.75 to RM 593.25, showing that most units are priced quite close to each other. With an IQR of RM 141.50 and MAD of RM 7, 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.

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KRYSTAL POINT COMMERCIAL CENTRE, Barat Daya, Penang

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Transactions

3 transactions grouped by size

350 sqft
Shop/Retail Lot
RM 180,000
Level 3
344 sqft · RM 523 PSF
RM 185,000
Level 3
344 sqft · RM 537 PSF
400 sqft
Shop/Retail Lot
RM 208,000
Level 3
398 sqft · RM 522 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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