Jalan Rangoon

10450 George Town, Pulau Pinang, Malaysia

Property Transactions

2 subsales grouped by size

Median
RM 3,175,000
PSF
RM 513
Price Size
6,100 sqft
4-Sty Shop
RM 3,450,000
Jalan Rangoon
6,092 sqft · RM 566 PSF
6,300 sqft
4-Sty Shop
RM 2,900,000
Jalan Rangoon
6,297 sqft · RM 461 PSF
Legend Recent Highest Price Highest PSF
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Jalan Rangoon, 10450 George Town, Pulau Pinang, Malaysia

Maps

Jalan Rangoon in Timur Laut, Penang recorded 2 4-Storey Shop properties subsale transactions between 2021 and 2026, with a median price of RM 3.18 million and a median price per square foot (PSF) of RM 513.

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 3.18 million, with most transactions falling within a stable range of RM 2.90 million to RM 3.45 million, and a typical market range of RM 3.11 million to RM 3.24 million.

Within the 4-Storey Shop category, 2 - 2 1/2 storey shop dominated the market, though some variety exists in the market.

The median PSF stands at RM 513, with core pricing between RM 461 and RM 566. Market pricing typically extends from RM 189.78 to RM 837.04, reflecting moderate variation in unit pricing. With an IQR of RM 647.25 and MAD of RM 53, the PSF demonstrates reasonable consistency across the market.

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.