Maritime Suite
Karpal Singh Dr, 11600 George Town, Penang, Malaysia
Karpal Singh Dr, 11600 George Town, Penang, Malaysia
| Road | Price | PSF | Size | Date | Type |
|---|
|
Level 10
|
RM 900,000
|
RM 919
|
980 sqft
|
|
Office |
|
Level 10
|
RM 900,000
|
RM 919
|
980 sqft
|
|
SOHO |
|
Level 18
|
RM 950,000
|
RM 929
|
1,023 sqft
|
|
SOHO |
|
Level 5
|
RM 900,000
|
RM 880
|
1,023 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 900,000
RM 899 psfMedian transaction price
Maritime Suite, Karpal Singh Dr, 11600 George Town, Penang, Malaysia
MapsMaritime Suite in Timur Laut, Penang recorded 6 subsale transactions between 2021 and 2026, sized between 975 and 1,024 sqft, with a median price of RM 900K and a median price per square foot (PSF) of RM 899.
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 900K, with most transactions falling within a stable range of RM 831K to RM 950K, and a typical market range of RM 855K to RM 945K.
Most transactions involved soho/sofo/sovo, though some variety exists in the market.
For price per square foot, the median is RM 899, with most transactions between RM 831 and RM 968. The usual range is RM 863.36 to RM 935.61, showing that most units are priced quite close to each other. With an IQR of RM 72.25 and MAD of RM 68, 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. Limited transaction history suggests carefully evaluating comparable sales data.