Penang
Timur Laut
Georgetown
KAWASAN KAPITAN KELING

KAWASAN KAPITAN KELING

Area Intelligence

Double Storey Shop

Median Price

RM 2,300,000

PSF: RM 711

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Commercial PSF Trends

Median Price

RM 2,300,000

RM 711 PSF

KAWASAN KAPITAN KELING in Timur Laut, Penang recorded 1 Double Storey Shop properties subsale transactions between 2021 and 2025 for double storey shop properties, with a median price of RM 2.30 million and a median price per square foot (PSF) of RM 711.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat.

Within the Double Storey Shop category, 2 - 2 1/2 storey shop dominated the market, with moderate diversity in property types available.

For price per square foot, the median is RM 711, with most transactions between RM 711 and RM 711. The usual range is RM 532.50 to RM 889.50, showing that most units are priced quite close to each other. With an IQR of RM 357.00 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

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KAWASAN KAPITAN KELING, Timur Laut, Penang

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