Komtar

10450 George Town, Pulau Pinang, Malaysia

Property Transactions

7 subsales grouped by size

Median
RM300,000
PSF
RM545
Period
transactions middle 50% (P25–P75)
150 sqft
Shop
RM88,000
Level 2
161 sqft · RM545 PSF
300 sqft
Shop
RM110,000
Level 1
291 sqft · RM378 PSF
350 sqft
Shop
RM300,000
Level 1
370 sqft · RM811 PSF
450 sqft
Shop
RM360,000
Level 1
469 sqft · RM768 PSF
RM298,000
Level 2
455 sqft · RM655 PSF
4,100 sqft
Shop
RM1,148,000
Level 2
4,101 sqft · RM280 PSF
6,800 sqft
Shop
RM1,905,000
Level 2
6,803 sqft · RM280 PSF
Legend Recent Highest Price Highest PSF

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Market Snapshot

Commercial

RM300,000

RM545 psf

Median transaction price

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Komtar, 10450 George Town, Pulau Pinang, Malaysia

Maps

Komtar in Timur Laut, Penang recorded 7 subsale transactions between 2021 and 2026, with a median price of RM300K and a median price per square foot (PSF) of RM545.

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 RM300K, with most transactions falling within a stable range of RM110K to RM490K, and a typical market range of RM88K to RM575K.

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

Price per square foot shows a median of RM545, though individual units vary from RM322 to RM768 in the core range. The broader market spans RM353.78 to RM736.28, indicating diverse property characteristics. A wider spread (IQR: RM382.50) and deviation (MAD: RM223) indicate significant PSF variations, likely due to diverse property types or conditions.

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.