HARBOUR TRADE CENTER in Timur Laut, Penang recorded 0 4-Storey Shop properties subsale transactions between 2021 and 2025 for 4-storey shop properties, with a median price of RM 310K and a median price per square foot (PSF) of RM 196.
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 310K, with most transactions falling within a stable range of RM 235K to RM 385K, and a typical market range of RM 239K to RM 381K.
Within the 4-Storey Shop category, office lot dominated the market, with minimal variety in property types.
The median PSF stands at RM 196, with core pricing between RM 158 and RM 235. Market pricing typically extends from RM 159.25 to RM 232.75, 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.
