Kawasan Lebuh Chulia in Timur Laut, Penang recorded 3 subsale transactions between 2021 and 2026, with a median price of RM6.90 million and a median price per square foot (PSF) of RM917.

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 RM6.90 million, with most transactions falling within a stable range of RM4.60 million to RM9.20 million, and a typical market range of RM4.60 million to RM10.71 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 RM917, with most transactions between RM863 and RM971. The usual range is RM620.82 to RM1,213.32, showing that most units are priced quite close to each other. With an IQR of RM592.50 and MAD of RM54, 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.