Penang
Timur Laut
13
PINE VALLEY BUSINESS CENTRE

PINE VALLEY BUSINESS CENTRE

Area Intelligence

2022

Median Price

RM 1,700,000

PSF: RM 770

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Commercial PSF Trends

Median Price

RM 1,700,000

RM 770 PSF

PINE VALLEY BUSINESS CENTRE in Timur Laut, Penang recorded 1 subsale transactions in 2022, with a median price of RM 1.70 million and a median price per square foot (PSF) of RM 770.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat.

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

For price per square foot, the median is RM 770, with most transactions between RM 770 and RM 770. The usual range is RM 634.00 to RM 906.00, showing that most units are priced quite close to each other. With an IQR of RM 272.00 and MAD of RM 0, 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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