Wisma Pantai
Jalan Kampung Gajah, Kampung Gajah, 12300 Butterworth, Pulau Pinang, Malaysia
Jalan Kampung Gajah, Kampung Gajah, 12300 Butterworth, Pulau Pinang, Malaysia
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2024 | |||||
|
Level 2
|
RM 250,000
|
RM 232
|
1,076 sqft
|
|
Office |
|
Level 9
|
RM 210,000
|
RM 135
|
1,561 sqft
|
|
Office |
| 2022 | |||||
|
Level 5
|
RM 190,000
|
RM 177
|
1,076 sqft
|
|
Office |
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Jalan Kampung Gajah, Kampung Gajah, 12300 Butterworth, Pulau Pinang, Malaysia
MapsWisma Pantai in Seberang Perai Utara, Penang recorded 3 subsale transactions between 2021 and 2026, priced up to RM 300K, with a median price of RM 210K and a median price per square foot (PSF) of RM 177.
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 210K, with most transactions falling within a stable range of RM 190K to RM 235K, and a typical market range of RM 190K to RM 250K.
Most transactions involved office lot, with minimal variety in property types.
Price per square foot shows a median of RM 177, though individual units vary from RM 137 to RM 217 in the core range. The broader market spans RM 148.27 to RM 204.77, indicating diverse property characteristics. The spread of RM 56.50 (IQR) and deviation of RM 40 (MAD) suggest moderate price variations reflecting different property features.
While the area has shown positive growth trends, price variations suggest a more dynamic market. This presents opportunities for investors comfortable with moderate volatility. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.