Penang
Timur Laut
Georgetown
HARBOUR TRADE CENTER

HARBOUR TRADE CENTER

Area Intelligence

2021

Median Price

RM 355,000

PSF: RM 170

Facebook X (Twitter)

Commercial PSF Trends

Median Price

RM 355,000

RM 170 PSF

HARBOUR TRADE CENTER in Timur Laut, Penang recorded 8 subsale transactions in 2021, with a median price of RM 355K and a median price per square foot (PSF) of RM 170.

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 355K, with most transactions falling within a stable range of RM 291K to RM 419K, and a typical market range of RM 284K to RM 420K.

Most transactions involved office lot, with minimal variety in property types.

The median PSF stands at RM 170, with core pricing between RM 140 and RM 200. Market pricing typically extends from RM 133.25 to RM 206.75, reflecting moderate variation in unit pricing. The spread of RM 73.50 (IQR) and deviation of RM 30 (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.

Loading map...

HARBOUR TRADE CENTER, Timur Laut, Penang

OSM

Track location

Transactions

7 transactions found

Popular Ranges

Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+

Custom Range

Min Price (RM)

Max Price (RM)

Clear

Size Range (sqft)

Popular Ranges

Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft

Custom Range

Min Size (sqft)

Max Size (sqft)

Clear

RM 205,000

Level 7

980 sqft • RM 209.00 PSF

Dec 2021

RM 350,000

Level 6

1,496 sqft • RM 234.00 PSF

Oct 2021

RM 380,000

Level 5

2,476 sqft • RM 153.00 PSF

Aug 2021

RM 360,000

Level 3

2,131 sqft • RM 169.00 PSF

May 2021

RM 420,000

Level 3

2,454 sqft • RM 171.00 PSF

May 2021

RM 310,000

Level 2

2,067 sqft • RM 150.00 PSF

Jan 2021

RM 310,000

Level 3

2,067 sqft • RM 150.00 PSF

Jan 2021

Road	Price	Land PSF	Land	Date	Type
Level 7	RM 205,000	RM 209.00	980 sqft	Dec 2021	Office Lot
Level 6	RM 350,000	RM 234.00	1,496 sqft	Oct 2021	Office Lot
Level 5	RM 380,000	RM 153.00	2,476 sqft	Aug 2021	Office Lot
Level 3	RM 360,000	RM 169.00	2,131 sqft	May 2021	Office Lot
Level 3	RM 420,000	RM 171.00	2,454 sqft	May 2021	Office Lot
Level 2	RM 310,000	RM 150.00	2,067 sqft	Jan 2021	Office Lot
Level 3	RM 310,000	RM 150.00	2,067 sqft	Jan 2021	Office Lot