PINE VALLEY BUSINESS CENTRE

Area Intelligence
Median Price
RM 2,325,000
PSF: RM 1,036

Commercial PSF Trends

Median Price

RM 2,325,000

RM 1,036 PSF

PINE VALLEY BUSINESS CENTRE in Timur Laut, Penang recorded 4 subsale transactions between 2021 and 2025, with a median price of RM 2.33 million and a median price per square foot (PSF) of RM 1,036.

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 2.33 million, with most transactions falling within a stable range of RM 2.03 million to RM 2.45 million, and a typical market range of RM 2.25 million to RM 2.40 million.

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

The median PSF stands at RM 1,036, with core pricing between RM 919 and RM 1,153. Market pricing typically extends from RM 900.00 to RM 1,172.00, reflecting moderate variation in unit pricing. With an IQR of RM 272.00 and MAD of RM 117, 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.

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PINE VALLEY BUSINESS CENTRE, Timur Laut, Penang

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Transactions

4 transactions grouped by size

2,200 sqft
3-Storey Shop
RM 2,300,000
JALAN PAYA TERUBONG
2,207 sqft · RM 1,042 PSF
RM 1,700,000
JALAN PAYA TERUBONG
2,207 sqft · RM 770 PSF
2,300 sqft
3-Storey Shop
RM 2,350,000
JALAN PAYA TERUBONG
2,282 sqft · RM 1,030 PSF
2,350 sqft
3-Storey Shop
RM 2,450,000
JALAN PAYA TERUBONG
2,336 sqft · RM 1,049 PSF

No Properties For Sale

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

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