Penang
Timur Laut
Georgetown
HARBOUR TRADE CENTER

HARBOUR TRADE CENTER

Area Intelligence

2021

Median Price

RM 355,000

PSF: RM 170

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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 205K to RM 635K, and a typical market range of RM 284K to RM 426K.

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

The median PSF stands at RM 170, with core pricing between RM 138 and RM 202. Market pricing typically extends from RM 133.28 to RM 206.78, reflecting moderate variation in unit pricing. The spread of RM 73.50 (IQR) and deviation of RM 32 (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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

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HARBOUR TRADE CENTER, Timur Laut, Penang

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Property Transactions

8 transactions found

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Year

All Years 2025 2024 2023 2022 2021

Popular Ranges

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

Custom Range

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Max Price (RM)

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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

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Max Size (sqft)

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RM 205,000

Level 7

980 sqft • RM 209 PSF

Dec 2021

RM 1,160,000

Level 1

5,188 sqft • RM 224 PSF

Nov 2021

RM 350,000

Level 6

1,496 sqft • RM 234 PSF

Oct 2021

RM 380,000

Level 5

2,476 sqft • RM 153 PSF

Aug 2021

RM 360,000

Level 3

2,131 sqft • RM 169 PSF

May 2021

RM 420,000

Level 3

2,454 sqft • RM 171 PSF

May 2021

RM 310,000

Level 2

2,067 sqft • RM 150 PSF

Jan 2021

RM 310,000

Level 3

2,067 sqft • RM 150 PSF

Jan 2021

Road	Price	PSF	Size	Date	Type
Level 7	RM 205,000	RM 209	980 sqft	Dec 2021	Office Lot
Level 1	RM 1,160,000	RM 224	5,188 sqft	Nov 2021	Office Lot
Level 6	RM 350,000	RM 234	1,496 sqft	Oct 2021	Office Lot
Level 5	RM 380,000	RM 153	2,476 sqft	Aug 2021	Office Lot
Level 3	RM 360,000	RM 169	2,131 sqft	May 2021	Office Lot
Level 3	RM 420,000	RM 171	2,454 sqft	May 2021	Office Lot
Level 2	RM 310,000	RM 150	2,067 sqft	Jan 2021	Office Lot
Level 3	RM 310,000	RM 150	2,067 sqft	Jan 2021	Office Lot