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Harbour Trade Center

2, Gat Lebuh Macallum, 10300 George Town, Pulau Pinang, Malaysia

Property Transactions

8 subsales grouped by size · Office →

Median
RM 355,000
PSF
RM 170
Group by
Size Type List

Property Type

All Types 27
Specific Types
Office Lot 26 Shop/Retail Lot 1
6M 1Y 2Y 3Y
All Years 2026
2025
3
2024
7
2023
4
2022
5
2021
8
Price Size
1,000 sqft
Office
RM 205,000
Level 7
980 sqft · RM 209 PSF
1,500 sqft
Office
RM 350,000
Level 6
1,496 sqft · RM 234 PSF
2,050 sqft
Office
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
RM 360,000
Level 3
2,131 sqft · RM 169 PSF
2,450 sqft
Office
RM 420,000
Level 3
2,454 sqft · RM 171 PSF
2,500 sqft
Office
RM 380,000
Level 5
2,476 sqft · RM 153 PSF
5,200 sqft
Office
RM 1,160,000
Level 1
5,188 sqft · RM 224 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Commercial

RM 355,000

RM 170 psf

Median transaction price

Harbour Trade Center
© OpenStreetMap · CARTO

2, Gat Lebuh Macallum, 10300 George Town, Pulau Pinang, Malaysia

Maps

Harbour Trade Center in Timur Laut, Penang recorded 8 subsale transactions in 2021, with a median price of RM 355K and a median price per square foot (PSF) of RM 170.

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 355K, with most transactions falling within a stable range of RM 205K to RM 635K, and a typical market range of RM 287K to RM 423K.

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

The median PSF stands at RM 170, with core pricing between RM 138 and RM 202. Market pricing typically extends from RM 129.03 to RM 211.03, reflecting moderate variation in unit pricing. The spread of RM 82.00 (IQR) and deviation of RM 32 (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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