Kawasan Jalan Penang
Jln Penang, George Town, 10450 George Town, Pulau Pinang, Malaysia
Jln Penang, George Town, 10450 George Town, Pulau Pinang, Malaysia
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Jln Penang, George Town, 10450 George Town, Pulau Pinang, Malaysia
MapsKawasan Jalan Penang in Timur Laut, Penang recorded 1 subsale transactions between 2021 and 2026, sized between 1,275 and 1,324 sqft, with a median price of RM 900K 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.
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 703, with most transactions between RM 703 and RM 703. The usual range is RM 595.13 to RM 810.13, showing that most units are priced quite close to each other. With an IQR of RM 215.00 and MAD of RM 0, the PSF demonstrates reasonable consistency across the market.
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.