Kawasan Lebuh Chulia

Lbh Chulia, George Town, 10450 George Town, Pulau Pinang, Malaysia

Property Transactions

2 subsales found · 3-Sty Shop →

Median
RM 13,360,500
PSF
RM 875
Price Size
RM 6,900,000
Lorong Abu Siti
16,533 sqft RM 417 PSF
RM 19,821,000
Love Lane
14,876 sqft RM 1,332 PSF
Legend Recent Highest Price Highest PSF
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Kawasan Lebuh Chulia
© OpenStreetMap · CARTO

Lbh Chulia, George Town, 10450 George Town, Pulau Pinang, Malaysia

Maps

Kawasan Lebuh Chulia in Timur Laut, Penang recorded 2 subsale transactions between 2021 and 2026, sized 10,000 sqft and above, with a median price of RM 13.36 million and a median price per square foot (PSF) of RM 875.

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 13.36 million, with most transactions falling within a stable range of RM 6.90 million to RM 19.82 million, and a typical market range of RM 9.56 million to RM 17.17 million.

Most transactions involved 3 - 3 1/2 storey shop, though some variety exists in the market.

Price per square foot shows a median of RM 875, though individual units vary from RM 417 to RM 1,332 in the core range. The broader market spans RM 578.47 to RM 1,170.97, indicating diverse property characteristics. A wider spread (IQR: RM 592.50) and deviation (MAD: RM 458) indicate significant PSF variations, likely due to diverse property types or conditions.

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.