KOMPLEKS TUN ABDUL RAZAK

Area Intelligence
2023
Median Price
RM 724,000
PSF: RM 329

Commercial PSF Trends

Median Price

RM 724,000

RM 329 PSF

KOMPLEKS TUN ABDUL RAZAK in Timur Laut, Penang recorded 4 subsale transactions in 2023, with a median price of RM 724K and a median price per square foot (PSF) of RM 329.

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 724K, with most transactions falling within a stable range of RM 110K to RM 1.44 million, and a typical market range of RM 449K to RM 999K.

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

Price per square foot shows a median of RM 329, though individual units vary from RM 110 to RM 548 in the core range. The broader market spans RM 137.75 to RM 520.25, indicating diverse property characteristics. A wider spread (IQR: RM 382.50) and deviation (MAD: RM 219) 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.

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KOMPLEKS TUN ABDUL RAZAK, Timur Laut, Penang

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Transactions

4 transactions grouped by size

300 sqft
Shop/Retail Lot
RM 110,000
Level 1
291 sqft · RM 378 PSF
350 sqft
Shop/Retail Lot
RM 300,000
Level 1
370 sqft · RM 811 PSF
4,100 sqft
Shop/Retail Lot
RM 1,148,000
Level 2
4,101 sqft · RM 280 PSF
6,800 sqft
Shop/Retail Lot
RM 1,905,000
Level 2
6,803 sqft · RM 280 PSF

No Properties For Sale

There are currently no properties listed for sale in this area.

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