KOMPLEKS TUN ABDUL RAZAK in Timur Laut, Penang recorded 5 subsale transactions between 2021 and 2025, with a median price of RM 298K and a median price per square foot (PSF) of RM 655.
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 298K, with most transactions falling within a stable range of RM 198K to RM 300K, and a typical market range of RM 88K to RM 300K.
Most transactions involved shop unit/retail lot, with minimal variety in property types.
Price per square foot shows a median of RM 655, though individual units vary from RM 497 to RM 813 in the core range. The broader market spans RM 463.75 to RM 846.25, indicating diverse property characteristics. The spread of RM 382.50 (IQR) and deviation of RM 158 (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. Significant price variations suggest comparing multiple properties and timing the market carefully. Limited transaction history suggests carefully evaluating comparable sales data.