HARBOUR TRADE CENTER

Area Intelligence
2022
Median Price
RM 303,000
PSF: RM 154

Commercial PSF Trends

Median Price

RM 303,000

RM 154 PSF

HARBOUR TRADE CENTER in Timur Laut, Penang recorded 5 subsale transactions in 2022, with a median price of RM 303K 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. The median price is RM 303K, with most transactions falling within a stable range of RM 303K to RM 334K, and a typical market range of RM 303K to RM 371K.

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 151 and RM 157. The usual range is RM 117.25 to RM 190.75, showing that most units are priced quite close to each other. With an IQR of RM 73.50 and MAD of RM 3, 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. 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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Transactions

3 transactions grouped by size

2,050 sqft
Office Lot
RM 303,000
Level 5
2,056 sqft · RM 147 PSF
2,400 sqft
Office Lot
RM 371,000
Level 5
2,411 sqft · RM 154 PSF
2,500 sqft
Office Lot
RM 367,000
Level 5
2,486 sqft · RM 148 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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