Harbour Trade Center
2, Gat Lebuh Macallum, 10300 George Town, Pulau Pinang, Malaysia
2, Gat Lebuh Macallum, 10300 George Town, Pulau Pinang, Malaysia
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Market Snapshot
CommercialRM 371,000
RM 154 psfMedian transaction price
2, Gat Lebuh Macallum, 10300 George Town, Pulau Pinang, Malaysia
MapsHarbour Trade Center in Timur Laut, Penang recorded 1 subsale transactions between 2021 and 2026, sized between 2,375 and 2,424 sqft, with a median price of RM 371K and a median price per square foot (PSF) of RM 154.
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 office lot, with minimal variety in property types.
For price per square foot, the median is RM 154, with most transactions between RM 154 and RM 154. The usual range is RM 112.87 to RM 194.87, showing that most units are priced quite close to each other. With an IQR of RM 82.00 and MAD of RM 0, the PSF demonstrates reasonable consistency across the market.
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.