PINE VALLEY BUSINESS CENTRE Property Investment Analysis

13, Timur Laut, Penang

Median Price
RM 2,350,000
CAGR
-2.1%
Median PSF
RM 1,030.00
CAGR
-0.2%
Transactions
5
Period
2021-2024

PINE VALLEY BUSINESS CENTRE in Timur Laut, Penang recorded 5 subsale transactions between 2021 and 2025, with a median price of RM 2.35 million and a median price per square foot (PSF) of RM 1,030.

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 2.35 million, with most transactions falling within a stable range of RM 2.25 million to RM 2.45 million, and a typical market range of RM 2.28 million to RM 2.43 million.

Most transactions involved 3 - 3 1/2 storey shop, with minimal variety in property types.

For price per square foot, the median is RM 1,030, with most transactions between RM 1,011 and RM 1,049. The usual range is RM 894.00 to RM 1,166.00, showing that most units are priced quite close to each other. With an IQR of RM 272.00 and MAD of RM 19, 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. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

ADVANCED FILTERS

TRANSACTIONS

5 found
3 - 3 1/2 Storey Shop
JALAN PAYA TERUBONG
RM 2,300,000
PSF: RM 1,042.00
Area: 2,207 sqft
Date: Aug 2024
3 - 3 1/2 Storey Shop
JALAN PAYA TERUBONG
RM 2,350,000
PSF: RM 1,030.00
Area: 2,282 sqft
Date: Jul 2023
3 - 3 1/2 Storey Shop
JALAN PAYA TERUBONG
RM 1,700,000
PSF: RM 770.00
Area: 2,207 sqft
Date: Oct 2022
3 - 3 1/2 Storey Shop
JALAN PAYA TERUBONG
RM 2,450,000
PSF: RM 696.00
Area: 3,520 sqft
Date: Jan 2022
3 - 3 1/2 Storey Shop
JALAN PAYA TERUBONG
RM 2,450,000
PSF: RM 1,049.00
Area: 2,336 sqft
Date: Nov 2021