HARBOUR TRADE CENTER

HARBOUR TRADE CENTER in Timur Laut, Penang recorded 3 subsale transactions between 2021 and 2025, with a median price of RM 318K and a median price per square foot (PSF) of RM 227.

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 318K, with most transactions falling within a stable range of RM 243K to RM 393K, and a typical market range of RM 247K to RM 389K.

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

The median PSF stands at RM 227, with core pricing between RM 189 and RM 266. Market pricing typically extends from RM 190.25 to RM 263.75, 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.