Penang
Timur Laut
Georgetown
KOMPLEKS SRI WONDER

KOMPLEKS SRI WONDER

Area Intelligence

2024

Median Price

RM 395,000

PSF: RM 343

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Commercial PSF Trends

Median Price

RM 395,000

RM 343 PSF

KOMPLEKS SRI WONDER in Timur Laut, Penang recorded 3 subsale transactions in 2024, with a median price of RM 395K and a median price per square foot (PSF) of RM 343.

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 395K, with most transactions falling within a stable range of RM 286K to RM 395K, and a typical market range of RM 279K to RM 395K.

Most transactions involved shop unit/retail lot, with minimal variety in property types.

Price per square foot shows a median of RM 343, though individual units vary from RM 273 to RM 413 in the core range. The broader market spans RM 320.25 to RM 365.75, indicating diverse property characteristics. The spread of RM 45.50 (IQR) and deviation of RM 70 (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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

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KOMPLEKS SRI WONDER, Timur Laut, Penang

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