Maritime Suite

Karpal Singh Dr, 11600 George Town, Penang, Malaysia

Property Transactions

9 subsales grouped by size

Median
RM 860,000
PSF
RM 872
Price Size
700 sqft
Office
RM 650,000
Level 3
721 sqft · RM 901 PSF
900 sqft
Office
RM 780,000
Level 10
904 sqft · RM 863 PSF
950 sqft
Office
RM 1,000,000
Level 20
926 sqft · RM 1,080 PSF
RM 820,000
Level 7
958 sqft · RM 856 PSF
RM 850,000
Level 17
926 sqft · RM 918 PSF
1,000 sqft
Office
RM 900,000
Level 10
980 sqft · RM 919 PSF
1,050 sqft
Office
RM 920,000
Level 16
1,055 sqft · RM 872 PSF
1,100 sqft
Office
RM 900,000
Level 23
1,087 sqft · RM 828 PSF
RM 860,000
Level 8
1,076 sqft · RM 799 PSF
9
transactions

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Market Snapshot

Commercial

RM 860,000

RM 872 psf

Median transaction price

Maritime Suites
© OpenStreetMap · CARTO

Maritime Suite, Karpal Singh Dr, 11600 George Town, Penang, Malaysia

Maps

Maritime Suite in Timur Laut, Penang recorded 9 Office Lot properties subsale transactions between 2021 and 2026, with a median price of RM 860K and a median price per square foot (PSF) of RM 872.

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 860K, with most transactions falling within a stable range of RM 767K to RM 953K, and a typical market range of RM 815K to RM 905K.

Within the Office Lot category, soho/sofo/sovo dominated the market, though some variety exists in the market.

For price per square foot, the median is RM 872, with most transactions between RM 796 and RM 948. The usual range is RM 836.03 to RM 908.28, showing that most units are priced quite close to each other. With an IQR of RM 72.25 and MAD of RM 76, 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.