KAWASAN PENGKALAN WELD

Area Intelligence
3-Storey Shop
Median Price
RM 2,020,000
PSF: RM 950

Commercial PSF Trends

Median Price

RM 2,020,000

RM 950 PSF

KAWASAN PENGKALAN WELD in Timur Laut, Penang recorded 1 3-Storey Shop properties subsale transactions between 2021 and 2025 for 3-storey shop properties, with a median price of RM 2.02 million and a median price per square foot (PSF) of RM 950.

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

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

Within the 3-Storey Shop category, 2 - 2 1/2 storey shop dominated the market, with high diversity across multiple property types.

For price per square foot, the median is RM 950, with most transactions between RM 950 and RM 950. The usual range is RM 819.00 to RM 1,081.00, showing that most units are priced quite close to each other. With an IQR of RM 262.00 and MAD of RM 0, 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. Despite diverse property types, prices remain relatively stable, offering options for different buyer preferences. Limited transaction history suggests carefully evaluating comparable sales data.

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KAWASAN PENGKALAN WELD, Timur Laut, Penang

OSM

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Transactions

1 transactions grouped by size

2,150 sqft
3-Storey Shop
RM 2,020,000
LEBUH VICTORIA
2,127 sqft · RM 950 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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