Penang
Timur Laut
Georgetown
JALAN RANGOON

JALAN RANGOON

Area Intelligence

2021

Median Price

RM 2,900,000

PSF: RM 1,203

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Commercial PSF Trends

Median Price

RM 2,900,000

RM 1,203 PSF

JALAN RANGOON in Timur Laut, Penang recorded 1 subsale transactions in 2021, with a median price of RM 2.90 million and a median price per square foot (PSF) of RM 1,203.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat.

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

For price per square foot, the median is RM 1,203, with most transactions between RM 1,203 and RM 1,203. The usual range is RM 879.38 to RM 1,526.63, showing that most units are priced quite close to each other. With an IQR of RM 647.25 and MAD of RM 0, 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.

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JALAN RANGOON, Timur Laut, Penang

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