HARBOUR TRADE CENTER

Area Intelligence
2024
Median Price
RM 240,000
PSF: RM 261

Commercial PSF Trends

Median Price

RM 240,000

RM 261 PSF

HARBOUR TRADE CENTER in Timur Laut, Penang recorded 4 subsale transactions in 2024, with a median price of RM 240K and a median price per square foot (PSF) of RM 261.

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 240K, with most transactions falling within a stable range of RM 204K to RM 276K, and a typical market range of RM 200K to RM 300K.

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

The median PSF stands at RM 261, with core pricing between RM 216 and RM 306. Market pricing typically extends from RM 224.25 to RM 297.75, reflecting moderate variation in unit pricing. The spread of RM 73.50 (IQR) and deviation of RM 45 (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.

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HARBOUR TRADE CENTER, Timur Laut, Penang

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Transactions

4 transactions grouped by size

850 sqft
Office Lot
RM 300,000
Level 1
850 sqft · RM 353 PSF
RM 230,000
Level 2
850 sqft · RM 270 PSF
RM 200,000
Level 3
850 sqft · RM 235 PSF
1,000 sqft
Office Lot
RM 250,000
Level 7
990 sqft · RM 252 PSF

No Properties For Sale

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

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