DESA RAHMAT in Timur Laut, Penang recorded 0 4-Storey Shop properties subsale transactions between 2021 and 2025 for 4-storey shop properties, with a median price of RM 408K and a median price per square foot (PSF) of RM 321.
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 408K, with most transactions falling within a stable range of RM 320K to RM 495K, and a typical market range of RM 364K to RM 451K.
Within the 4-Storey Shop category, office lot dominated the market, with minimal variety in property types.
Price per square foot shows a median of RM 321, though individual units vary from RM 252 to RM 390 in the core range. The broader market spans RM 286.50 to RM 355.50, indicating diverse property characteristics. The spread of RM 69.00 (IQR) and deviation of RM 69 (MAD) suggest moderate price variations reflecting different property features.
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.
