HARBOUR TRADE CENTER

Area Intelligence
Median Price
RM 367,000
PSF: RM 169

Commercial PSF Trends

Median Price

RM 367,000

RM 169 PSF

HARBOUR TRADE CENTER in Timur Laut, Penang recorded 15 subsale transactions between 2021 and 2025, with a median price of RM 367K and a median price per square foot (PSF) of RM 169.

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 367K, with most transactions falling within a stable range of RM 292K to RM 442K, and a typical market range of RM 296K to RM 438K.

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

Price per square foot shows a median of RM 169, though individual units vary from RM 131 to RM 208 in the core range. The broader market spans RM 132.25 to RM 205.75, indicating diverse property characteristics. 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

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HARBOUR TRADE CENTER, Timur Laut, Penang

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