HARBOUR TRADE CENTER in Timur Laut, Penang recorded 2 subsale transactions in 2025, with a median price of RM 325K and a median price per square foot (PSF) of RM 226.
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 325K, with most transactions falling within a stable range of RM 250K to RM 400K, and a typical market range of RM 254K to RM 396K.
Most transactions involved office lot, with minimal variety in property types.
The median PSF stands at RM 226, with core pricing between RM 187 and RM 264. Market pricing typically extends from RM 188.75 to RM 262.25, reflecting moderate variation in unit pricing. The spread of RM 73.50 (IQR) and deviation of RM 39 (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.
