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 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 2 3-Storey Shop properties subsale transactions between 2021 and 2026, with a median price of RM 5.40 million and a median price per square foot (PSF) of RM 779.
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 5.40 million, with most transactions falling within a stable range of RM 4.80 million to RM 6.00 million, and a typical market range of RM 4.80 million to RM 6.00 million.
Within the 3-Storey Shop category, 2 - 2 1/2 storey shop dominated the market, though some variety exists in the market.
The median PSF stands at RM 779, with core pricing between RM 637 and RM 921. Market pricing typically extends from RM 671.70 to RM 886.70, reflecting moderate variation in unit pricing. The spread of RM 215.00 (IQR) and deviation of RM 142 (MAD) suggest moderate price variations reflecting different property features.
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.