HARBOUR TRADE CENTER

Area Intelligence
2021
Median Price
RM 360,000
PSF: RM 153

Commercial PSF Trends

Median Price

RM 360,000

RM 153 PSF

HARBOUR TRADE CENTER in Timur Laut, Penang recorded 5 subsale transactions in 2021, with a median price of RM 360K and a median price per square foot (PSF) of RM 153.

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 360K, with most transactions falling within a stable range of RM 318K to RM 402K, and a typical market range of RM 310K to RM 420K.

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

For price per square foot, the median is RM 153, with most transactions between RM 144 and RM 162. The usual range is RM 116.25 to RM 189.75, showing that most units are priced quite close to each other. With an IQR of RM 73.50 and MAD of RM 9, 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.

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HARBOUR TRADE CENTER, Timur Laut, Penang

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Transactions

5 transactions grouped by size

2,050 sqft
Office Lot
RM 310,000
Level 2
2,067 sqft · RM 150 PSF
RM 310,000
Level 3
2,067 sqft · RM 150 PSF
2,150 sqft
Office Lot
RM 360,000
Level 3
2,131 sqft · RM 169 PSF
2,450 sqft
Office Lot
RM 420,000
Level 3
2,454 sqft · RM 171 PSF
2,500 sqft
Office Lot
RM 380,000
Level 5
2,476 sqft · RM 153 PSF

No Properties For Sale

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

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