Penang
Timur Laut
Georgetown
KAWASAN JALAN GURDWARA

KAWASAN JALAN GURDWARA

Area Intelligence

2023

Median Price

RM 2,125,000

PSF: RM 1,763

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Commercial PSF Trends

Median Price

RM 2,125,000

RM 1,763 PSF

KAWASAN JALAN GURDWARA in Timur Laut, Penang recorded 2 subsale transactions in 2023, with a median price of RM 2.13 million and a median price per square foot (PSF) of RM 1,763.

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 2.13 million, with most transactions falling within a stable range of RM 2.00 million to RM 2.25 million, and a typical market range of RM 2.00 million to RM 2.25 million.

Most transactions involved 2 - 2 1/2 storey shop, with high diversity across multiple property types.

For price per square foot, the median is RM 1,763, with most transactions between RM 1,659 and RM 1,866. The usual range is RM 1,318.63 to RM 2,206.38, showing that most units are priced quite close to each other. With an IQR of RM 887.75 and MAD of RM 104, 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. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

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KAWASAN JALAN GURDWARA, Timur Laut, Penang

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