KAWASAN JALAN DATUK KERAMAT

Area Intelligence
Double Storey Shop
Median Price
RM 1,200,000
PSF: RM 800

Commercial PSF Trends

Median Price

RM 1,200,000

RM 800 PSF

KAWASAN JALAN DATUK KERAMAT in Timur Laut, Penang recorded 4 Double Storey Shop properties subsale transactions between 2021 and 2025 for double storey shop properties, with a median price of RM 1.20 million and a median price per square foot (PSF) of RM 800.

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 1.20 million, with most transactions falling within a stable range of RM 400K to RM 3.08 million, and a typical market range of RM 1.03 million to RM 1.38 million.

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

Price per square foot shows a median of RM 800, though individual units vary from RM 572 to RM 1,027 in the core range. The broader market spans RM 714.00 to RM 885.00, indicating diverse property characteristics. A wider spread (IQR: RM 171.00) and deviation (MAD: RM 228) indicate significant PSF variations, likely due to diverse property types or conditions.

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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KAWASAN JALAN DATUK KERAMAT, Timur Laut, Penang

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Transactions

4 transactions grouped by size

900 sqft
Double Storey Shop
RM 400,000
JALAN SIAM
906 sqft · RM 442 PSF
1,200 sqft
Double Storey Shop
RM 1,300,000
LEBUH MELAKA
1,202 sqft · RM 1,082 PSF
1,400 sqft
Double Storey Shop
RM 1,100,000
JALAN DATO KERAMAT
1,424 sqft · RM 772 PSF
6,300 sqft
Double Storey Shop
RM 5,200,000
JALAN SEANG TEIK
6,288 sqft · RM 827 PSF

No Properties For Sale

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

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