Maritime Suite
Karpal Singh Dr, 11600 George Town, Penang, Malaysia
Karpal Singh Dr, 11600 George Town, Penang, Malaysia
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2024 | |||||
|
Level 23
|
RM 900,000
|
RM 828
|
1,087 sqft
|
|
Office |
|
Level 8
|
RM 860,000
|
RM 799
|
1,076 sqft
|
|
Office |
|
Level 20
|
RM 1,000,000
|
RM 1,080
|
926 sqft
|
|
Office |
|
Level 10
|
RM 780,000
|
RM 863
|
904 sqft
|
|
Office |
| 2023 | |||||
|
Level 3
|
RM 650,000
|
RM 901
|
721 sqft
|
|
Office |
|
Level 7
|
RM 820,000
|
RM 856
|
958 sqft
|
|
Office |
|
Level 16
|
RM 920,000
|
RM 872
|
1,055 sqft
|
|
Office |
|
Level 17
|
RM 850,000
|
RM 918
|
926 sqft
|
|
Office |
|
Level 10
|
RM 900,000
|
RM 919
|
980 sqft
|
|
SOHO |
|
Level 10
|
RM 900,000
|
RM 919
|
980 sqft
|
|
Office |
| 2022 | |||||
|
Level 16
|
RM 885,000
|
RM 924
|
958 sqft
|
|
SOHO |
|
Level 21
|
RM 840,000
|
RM 897
|
936 sqft
|
|
SOHO |
|
Level 15
|
RM 1,000,000
|
RM 929
|
1,076 sqft
|
|
SOHO |
|
Level 22
|
RM 980,000
|
RM 910
|
1,076 sqft
|
|
SOHO |
|
Level 18
|
RM 950,000
|
RM 929
|
1,023 sqft
|
|
SOHO |
|
Level 9
|
RM 760,000
|
RM 821
|
926 sqft
|
|
SOHO |
|
Level 21
|
RM 868,000
|
RM 906
|
958 sqft
|
|
SOHO |
|
Level 16
|
RM 830,000
|
RM 886
|
936 sqft
|
|
SOHO |
|
Level 5
|
RM 900,000
|
RM 880
|
1,023 sqft
|
|
SOHO |
|
Level 6
|
RM 880,000
|
RM 852
|
1,033 sqft
|
|
SOHO |
|
Level 15
|
RM 760,000
|
RM 802
|
947 sqft
|
|
SOHO |
| 2021 | |||||
|
Level 20
|
RM 720,000
|
RM 778
|
926 sqft
|
|
SOHO |
|
Level 18
|
RM 730,000
|
RM 729
|
1,001 sqft
|
|
SOHO |
|
Level 19
|
RM 880,000
|
RM 879
|
1,001 sqft
|
|
SOHO |
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Market Snapshot
CommercialRM 874,000
RM 883 psfMedian transaction price
Maritime Suite, Karpal Singh Dr, 11600 George Town, Penang, Malaysia
MapsMaritime Suite in Timur Laut, Penang recorded 24 subsale transactions between 2021 and 2026, with a median price of RM 874K and a median price per square foot (PSF) of RM 886.
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 874K, with most transactions falling within a stable range of RM 829K to RM 919K, and a typical market range of RM 829K to RM 919K.
Most transactions involved soho/sofo/sovo, though some variety exists in the market.
For price per square foot, the median is RM 886, with most transactions between RM 851 and RM 922. The usual range is RM 850.20 to RM 922.45, showing that most units are priced quite close to each other. With an IQR of RM 72.25 and MAD of RM 36, 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. The consistent property type and stable pricing make it easier to assess value and compare trends. Moderate transaction volume may require patience when buying or selling.