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
|
|
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Lbh Chulia, George Town, 10450 George Town, Pulau Pinang, Malaysia
MapsKawasan Lebuh Chulia in Timur Laut, Penang recorded 2 3-Storey Shop properties subsale transactions between 2021 and 2026, with a median price of RM 12.21 million and a median price per square foot (PSF) of RM 1,125.
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 12.21 million, with most transactions falling within a stable range of RM 4.60 million to RM 19.82 million, and a typical market range of RM 8.41 million to RM 16.02 million.
Within the 3-Storey Shop category, 3 - 3 1/2 storey shop dominated the market, though some variety exists in the market.
The median PSF stands at RM 1,125, with core pricing between RM 917 and RM 1,332. Market pricing typically extends from RM 828.50 to RM 1,421.00, reflecting moderate variation in unit pricing. The spread of RM 592.50 (IQR) and deviation of RM 208 (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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.