Penang
Timur Laut
Georgetown
KOMPLEKS TUN ABDUL RAZAK

KOMPLEKS TUN ABDUL RAZAK

Area Intelligence

Median Price

RM 298,000

PSF: RM 655

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Commercial PSF Trends

Median Price

RM 298,000

RM 655 PSF

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 300K to RM 328K, and a typical market range of RM 300K 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 655, with most transactions between RM 634 and RM 677. The usual range is RM 463.75 to RM 846.25, showing that most units are priced quite close to each other. With an IQR of RM 382.50 and MAD of RM 22, 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.

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KOMPLEKS TUN ABDUL RAZAK, Timur Laut, Penang

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