KRYSTAL POINT COMMERCIAL CENTRE

Area Intelligence
2023
Median Price
RM 170,000
PSF: RM 427

Commercial PSF Trends

Median Price

RM 170,000

RM 427 PSF

KRYSTAL POINT COMMERCIAL CENTRE in Barat Daya, Penang recorded 3 subsale transactions in 2023, with a median price of RM 170K and a median price per square foot (PSF) of RM 427.

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 170K, with most transactions falling within a stable range of RM 145K to RM 614K, and a typical market range of RM 145K to RM 372K.

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

Price per square foot shows a median of RM 427, though individual units vary from RM 67 to RM 787 in the core range. The broader market spans RM 356.25 to RM 497.75, indicating diverse property characteristics. A wider spread (IQR: RM 141.50) and deviation (MAD: RM 360) 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.

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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 145,000
Level 3
344 sqft · RM 421 PSF
400 sqft
Shop/Retail Lot
RM 170,000
Level 3
398 sqft · RM 427 PSF
950 sqft
Shop/Retail Lot
RM 1,100,000
Level 1
926 sqft · RM 1,188 PSF

No Properties For Sale

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

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