Jalan Rangoon
10450 George Town, Pulau Pinang, Malaysia
10450 George Town, Pulau Pinang, Malaysia
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2024 | |||||
|
Jalan Rangoon
|
RM 2,850,000
|
RM 871
|
3,272 sqft
|
|
2-Sty Shop |
|
Jalan Rangoon
|
RM 3,450,000
|
RM 566
|
6,092 sqft
|
|
4-Sty Shop |
|
Jalan Rangoon
|
RM 3,000,000
|
RM 571
|
5,253 sqft
|
|
2-Sty Shop |
|
Jalan Rangoon
|
RM 3,000,000
|
RM 571
|
5,253 sqft
|
|
2-Sty Shop |
| 2021 | |||||
|
Jalan Rangoon
|
RM 2,900,000
|
RM 461
|
6,297 sqft
|
|
4-Sty Shop |
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Jalan Rangoon, 10450 George Town, Pulau Pinang, Malaysia
MapsJalan Rangoon in Timur Laut, Penang recorded 5 subsale transactions between 2021 and 2026, sized between 3,000 and 10,000 sqft, with a median price of RM 3.00 million and a median price per square foot (PSF) of RM 571.
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 3.00 million, with most transactions falling within a stable range of RM 2.85 million to RM 3.21 million, and a typical market range of RM 2.93 million to RM 3.07 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 571, though individual units vary from RM 433 to RM 709 in the core range. The broader market spans RM 247.51 to RM 894.76, indicating diverse property characteristics. The spread of RM 647.25 (IQR) and deviation of RM 138 (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.