Kawasan Lebuh Chulia
Lbh Chulia, George Town, 10450 George Town, Pulau Pinang, Malaysia
Lbh Chulia, George Town, 10450 George Town, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Lebuh Chulia
|
RM 4,600,000
|
RM 917
|
5,016 sqft
|
|
|
Love Lane
|
RM 19,821,000
|
RM 1,332
|
14,876 sqft
|
|
|
Lorong Abu Siti
|
RM 6,900,000
|
RM 417
|
16,533 sqft
|
|
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Lbh Chulia, George Town, 10450 George Town, Pulau Pinang, Malaysia
MapsKawasan Lebuh Chulia in Timur Laut, Penang recorded 3 subsale transactions between 2021 and 2026, with a median price of RM 6.90 million and a median price per square foot (PSF) of RM 917.
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 6.90 million, with most transactions falling within a stable range of RM 4.60 million to RM 9.20 million, and a typical market range of RM 4.60 million to RM 10.71 million.
Most transactions involved 3 - 3 1/2 storey shop, though some variety exists in the market.
For price per square foot, the median is RM 917, with most transactions between RM 863 and RM 971. The usual range is RM 620.82 to RM 1,213.32, showing that most units are priced quite close to each other. With an IQR of RM 592.50 and MAD of RM 54, 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.