HARBOUR TRADE CENTER in Timur Laut, Penang recorded 12 subsale transactions between 2021 and 2025, with a median price of RM 376K and a median price per square foot (PSF) of RM 158.
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 376K, with most transactions falling within a stable range of RM 329K to RM 422K, and a typical market range of RM 304K to RM 447K.
Most transactions involved office lot, with minimal variety in property types.
For price per square foot, the median is RM 158, with most transactions between RM 147 and RM 168. The usual range is RM 120.75 to RM 194.25, showing that most units are priced quite close to each other. With an IQR of RM 73.50 and MAD of RM 11, 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.