Penang
Timur Laut
Georgetown
KAWASAN LEBUH MCNAIR

KAWASAN LEBUH MCNAIR

Area Intelligence

Office Lot

Median Price

RM 430,000

PSF: RM 294

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Commercial PSF Trends

Median Price

RM 430,000

RM 294 PSF

KAWASAN LEBUH MCNAIR in Timur Laut, Penang recorded 1 Office Lot properties subsale transactions between 2021 and 2025 for office lot properties, with a median price of RM 430K and a median price per square foot (PSF) of RM 294.

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

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

Within the Office Lot category, office lot dominated the market, with moderate diversity in property types available.

For price per square foot, the median is RM 294, with most transactions between RM 294 and RM 294. The usual range is RM 12.50 to RM 575.50, showing that most units are priced quite close to each other. With an IQR of RM 563.00 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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.

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KAWASAN LEBUH MCNAIR, Timur Laut, Penang

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