LIST

Penang, Timur Laut, Georgetown

JALAN RANGOON

Area Intelligence
Median Price
RM 2,950,000
PSF: RM 1,346
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Commercial PSF Trends

Median Price

RM 2,950,000

RM 1,346 PSF

JALAN RANGOON in Timur Laut, Penang recorded 6 subsale transactions between 2021 and 2025, with a median price of RM 2.95 million and a median price per square foot (PSF) of RM 1,346.

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 2.95 million, with most transactions falling within a stable range of RM 2.88 million to RM 3.03 million, and a typical market range of RM 2.88 million to RM 3.02 million.

Most transactions involved 2 - 2 1/2 storey shop, though some variety exists in the market.

Price per square foot shows a median of RM 1,346, though individual units vary from RM 1,073 to RM 1,619 in the core range. The broader market spans RM 1,021.88 to RM 1,669.13, indicating diverse property characteristics. The spread of RM 647.25 (IQR) and deviation of RM 273 (MAD) suggest moderate price variations reflecting different property features.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. The consistent property type and stable pricing make it easier to assess value and compare trends. Limited transaction history suggests carefully evaluating comparable sales data.

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JALAN RANGOON, Timur Laut, Penang

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Transactions

6 transactions grouped by size

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1,500 sqft
Double Storey Shop
RM 3,000,000
JALAN RANGOON
1,485 sqft · RM 2,020 PSF
RM 3,000,000
JALAN RANGOON
1,496 sqft · RM 2,005 PSF
2,050 sqft
Double Storey Shop
RM 2,580,000
JALAN RANGOON
2,057 sqft · RM 1,254 PSF
2,400 sqft
4-Storey Shop
RM 3,450,000
JALAN RANGOON
2,400 sqft · RM 1,437 PSF
RM 2,900,000
JALAN RANGOON
2,411 sqft · RM 1,203 PSF
3,000 sqft
Double Storey Shop
RM 2,850,000
JALAN RANGOON
3,024 sqft · RM 942 PSF

No Properties For Sale

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

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