Kawasan Jalan Penang
Jln Penang, George Town, 10450 George Town, Pulau Pinang, Malaysia
Jln Penang, George Town, 10450 George Town, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Argyll
|
RM 900,000
|
RM 703
|
1,281 sqft
|
|
|
Lebuh Campbell
|
RM 4,950,000
|
RM 1,188
|
4,166 sqft
|
|
|
Lebuh Kimberley
|
RM 2,500,000
|
RM 581
|
4,306 sqft
|
|
|
Jalan Penang
|
RM 6,000,000
|
RM 921
|
6,512 sqft
|
|
|
Lebuh Campbell
|
RM 4,800,000
|
RM 637
|
7,535 sqft
|
|
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Jln Penang, George Town, 10450 George Town, Pulau Pinang, Malaysia
MapsKawasan Jalan Penang in Timur Laut, Penang recorded 5 subsale transactions between 2021 and 2026, with a median price of RM 4.80 million and a median price per square foot (PSF) of RM 703.
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 4.80 million, with most transactions falling within a stable range of RM 3.60 million to RM 6.00 million, and a typical market range of RM 3.58 million to RM 6.00 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 703, though individual units vary from RM 493 to RM 913 in the core range. The broader market spans RM 595.13 to RM 810.13, indicating diverse property characteristics. A wider spread (IQR: RM 215.00) and deviation (MAD: RM 210) 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.