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Penang, Timur Laut, Georgetown

MARITIME PIAZZA

Area Intelligence
Median Price
RM 782,000
PSF: RM 550
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MARITIME PIAZZA in Timur Laut, Penang recorded 3 subsale transactions between 2021 and 2025, with a median price of RM 782K and a median price per square foot (PSF) of RM 550.

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 782K, with most transactions falling within a stable range of RM 665K to RM 1.28 million, and a typical market range of RM 665K to RM 1.08 million.

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

Price per square foot shows a median of RM 550, though individual units vary from RM 234 to RM 866 in the core range. The broader market spans RM 115.25 to RM 984.75, indicating diverse property characteristics. A wider spread (IQR: RM 869.50) and deviation (MAD: RM 316) 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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MARITIME PIAZZA, Timur Laut, Penang

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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
1,300 sqft
Shop/Retail Lot
RM 665,000
Level 4
1,281 sqft · RM 519 PSF
1,400 sqft
Shop/Retail Lot
RM 782,000
Level 3
1,421 sqft · RM 550 PSF
1,450 sqft
Shop/Retail Lot
RM 1,775,000
Level 2
1,475 sqft · RM 1,204 PSF

No Properties For Sale

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

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