Komtar
10450 George Town, Pulau Pinang, Malaysia
10450 George Town, Pulau Pinang, Malaysia
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Market Snapshot
CommercialRM 329,000
RM 711 psfMedian transaction price
Komtar, 10450 George Town, Pulau Pinang, Malaysia
MapsKomtar in Timur Laut, Penang recorded 2 subsale transactions between 2021 and 2026, sized between 425 and 474 sqft, with a median price of RM 329K and a median price per square foot (PSF) of RM 711.
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 329K, with most transactions falling within a stable range of RM 298K to RM 360K, and a typical market range of RM 298K to RM 360K.
Most transactions involved shop unit/retail lot, with minimal variety in property types.
For price per square foot, the median is RM 711, with most transactions between RM 655 and RM 768. The usual range is RM 520.04 to RM 902.54, showing that most units are priced quite close to each other. With an IQR of RM 382.50 and MAD of RM 56, the PSF demonstrates reasonable consistency across the market.
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.