Kawasan Pengkalan Weld
Pengkalan Weld, 10300 George Town, Pulau Pinang, Malaysia
Pengkalan Weld, 10300 George Town, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Jalan Lim Chwee Leong
|
RM 2,680,000
|
RM 485
|
5,522 sqft
|
|
|
Lebuh Victoria
|
RM 2,020,000
|
RM 338
|
5,985 sqft
|
|
|
Weld Quay
|
RM 1,515,000
|
RM 221
|
6,857 sqft
|
|
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Pengkalan Weld, 10300 George Town, Pulau Pinang, Malaysia
MapsKawasan Pengkalan Weld in Timur Laut, Penang recorded 3 subsale transactions between 2021 and 2026, with a median price of RM 2.02 million and a median price per square foot (PSF) of RM 338.
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 2.02 million, with most transactions falling within a stable range of RM 1.52 million to RM 2.53 million, and a typical market range of RM 1.73 million to RM 2.31 million.
Most transactions involved 2 - 2 1/2 storey shop, with high diversity across multiple property types.
For price per square foot, the median is RM 338, with most transactions between RM 315 and RM 361. The usual range is RM 206.53 to RM 468.53, showing that most units are priced quite close to each other. With an IQR of RM 262.00 and MAD of RM 23, the PSF demonstrates reasonable consistency across the market.
Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.