Kawasan Jalan Penang

Jln Penang, George Town, 10450 George Town, Pulau Pinang, Malaysia

Property Transactions

5 subsales grouped by size · 2-Sty Shop →

Period
transactions middle 50% (P25–P75)
1,300 sqft
2-Sty Shop
RM900,000
Jalan Argyll
1,281 sqft · RM703 PSF
4,150 sqft
2-Sty Shop
RM4,950,000
Lebuh Campbell
4,166 sqft · RM1,188 PSF
4,300 sqft
2-Sty Shop
RM2,500,000
Lebuh Kimberley
4,306 sqft · RM581 PSF
6,500 sqft
3-Sty Shop
RM6,000,000
Jalan Penang
6,512 sqft · RM921 PSF
7,550 sqft
3-Sty Shop
RM4,800,000
Lebuh Campbell
7,535 sqft · RM637 PSF
Legend Recent Highest Price Highest PSF

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Jln Penang, George Town, 10450 George Town, Pulau Pinang, Malaysia

Maps

Kawasan Jalan Penang in Timur Laut, Penang recorded 5 subsale transactions between 2021 and 2026, with a median price of RM4.80 million and a median price per square foot (PSF) of RM703.

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 RM4.80 million, with most transactions falling within a stable range of RM3.60 million to RM6.00 million, and a typical market range of RM3.58 million to RM6.00 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 RM703, though individual units vary from RM493 to RM913 in the core range. The broader market spans RM595.13 to RM810.13, indicating diverse property characteristics. A wider spread (IQR: RM215.00) and deviation (MAD: RM210) 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.