Komtar
10450 George Town, Pulau Pinang, Malaysia
10450 George Town, Pulau Pinang, Malaysia
| Road | Price | PSF | Size | Date | Type |
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Market Snapshot
CommercialRM 360,000
RM 378 psfMedian transaction price
Komtar, 10450 George Town, Pulau Pinang, Malaysia
MapsKomtar in Timur Laut, Penang recorded 5 subsale transactions between 2021 and 2026, with a median price of RM 360K and a median price per square foot (PSF) of RM 378.
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 360K, with most transactions falling within a stable range of RM 88K to RM 1.07 million, and a typical market range of RM 88K to RM 635K.
Most transactions involved shop unit/retail lot, with minimal variety in property types.
Price per square foot shows a median of RM 378, though individual units vary from RM 193 to RM 564 in the core range. The broader market spans RM 187.24 to RM 569.74, indicating diverse property characteristics. A wider spread (IQR: RM 382.50) and deviation (MAD: RM 186) 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.