Penang
Timur Laut
Georgetown
KOMPLEKS TUN ABDUL RAZAK

KOMPLEKS TUN ABDUL RAZAK

Area Intelligence

2023

Median Price

RM 1,148,000

PSF: RM 280

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Commercial PSF Trends

Median Price

RM 1,148,000

RM 280 PSF

KOMPLEKS TUN ABDUL RAZAK in Timur Laut, Penang recorded 1 subsale transactions in 2023, with a median price of RM 1.15 million and a median price per square foot (PSF) of RM 280.

This area consists exclusively of commercial properties, with no residential listings recorded.

Price remained flat, and PSF growth was PSF remained flat.

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

For price per square foot, the median is RM 280, with most transactions between RM 280 and RM 280. The usual range is RM 88.75 to RM 471.25, showing that most units are priced quite close to each other. With an IQR of RM 382.50 and MAD of RM 0, 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. Some price volatility exists, making thorough market research essential before transacting. Limited transaction history suggests carefully evaluating comparable sales data.

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KOMPLEKS TUN ABDUL RAZAK, Timur Laut, Penang

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