LIST

Penang, Timur Laut, Georgetown

MARITIME PIAZZA

Area Intelligence
2023
Median Price
RM 1,450,000
PSF: RM 1,585
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MARITIME PIAZZA in Timur Laut, Penang recorded 3 subsale transactions in 2023, with a median price of RM 1.45 million and a median price per square foot (PSF) of RM 1,585.

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 1.45 million, with most transactions falling within a stable range of RM 1.38 million to RM 1.53 million, and a typical market range of RM 1.38 million to RM 1.56 million.

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

For price per square foot, the median is RM 1,585, with most transactions between RM 1,552 and RM 1,618. The usual range is RM 1,150.25 to RM 2,019.75, showing that most units are priced quite close to each other. With an IQR of RM 869.50 and MAD of RM 33, the PSF demonstrates reasonable consistency across the market.

Overall, the market in this area appears stable with consistent appreciation, making it an attractive option for both investors and homebuyers. Moderate price stability provides a balanced market for both buyers and sellers. Limited transaction history suggests carefully evaluating comparable sales data.

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MARITIME PIAZZA, Timur Laut, Penang

OSM

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Transactions

3 transactions grouped by size

View Type

Grouped View Individual View

Property Type

All Types
Categories
Residential Commercial
Specific Types
Single Storey Semi-D Single Storey Shop Single Storey Terraced Double Storey Semi-D Double Storey Shop Double Storey Terraced 3-Storey Shop 4-Storey Shop 5-Storey Shop 6-Storey Shop Cluster House Condo/Apartment Bungalow Detached Factory Flat Industrial Unit Low-Cost Flat Low-Cost House Office Lot SOHO/SOFO/SOVO Semi-D Factory Service Apartment Shop/Retail Lot Terraced Factory Town House

Year

All Years 2025 2024 2023 2022 2021
Popular Ranges
Under RM 300k RM 300k - 500k RM 500k - 750k RM 750k - 1M RM 1M - 2M RM 2M+
Custom Range
Clear

Size Range (sqft)

Popular Ranges
Under 1,000 sqft 1,000 - 2,000 sqft 2,000 - 3,000 sqft 3,000 - 5,000 sqft 5,000 - 10,000 sqft 10,000+ sqft
Custom Range
Clear
850 sqft
Shop/Retail Lot
RM 1,375,000
Level 1
872 sqft · RM 1,577 PSF
900 sqft
Shop/Retail Lot
RM 1,450,000
Level 1
915 sqft · RM 1,585 PSF
950 sqft
Shop/Retail Lot
RM 1,563,000
Level 1
947 sqft · RM 1,650 PSF

No Properties For Sale

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

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