One Stop Midlands Park
488A, Jalan Burma, 10350 George Town, Pulau Pinang, Malaysia
488A, Jalan Burma, 10350 George Town, Pulau Pinang, Malaysia
|
Road
|
Price
|
PSF
|
Size
|
Date
|
Type
|
|---|---|---|---|---|---|
| 2024 | |||||
|
Level G
|
RM 210,000
|
RM 354
|
594 sqft
|
|
Shop |
| 2023 | |||||
|
Level 3
|
RM 85,000
|
RM 247
|
344 sqft
|
|
Shop |
|
Level 7
|
RM 1,010,000
|
RM 88
|
11,496 sqft
|
|
Office |
|
Level 21
|
RM 350,000
|
RM 256
|
1,367 sqft
|
|
Office |
|
Level 4
|
RM 65,000
|
RM 201
|
323 sqft
|
|
Shop |
|
Level 4
|
RM 90,000
|
RM 135
|
667 sqft
|
|
Shop |
|
Level 7
|
RM 1,350,000
|
RM 203
|
6,652 sqft
|
|
Shop |
|
Level 4
|
RM 140,000
|
RM 292
|
479 sqft
|
|
Shop |
|
Level 4
|
RM 350,000
|
RM 137
|
2,546 sqft
|
|
Shop |
|
Level 3
|
RM 100,000
|
RM 163
|
614 sqft
|
|
Shop |
|
Level 4
|
RM 170,000
|
RM 161
|
1,055 sqft
|
|
Shop |
| 2022 | |||||
|
Level 6
|
RM 120,000
|
RM 196
|
614 sqft
|
|
Shop |
|
Level 3
|
RM 88,000
|
RM 152
|
580 sqft
|
|
Shop |
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Market Snapshot
CommercialRM 140,000
RM 196 psfMedian transaction price
488A, Jalan Burma, 10350 George Town, Pulau Pinang, Malaysia
MapsOne Stop Midlands Park in Timur Laut, Penang recorded 13 subsale transactions between 2021 and 2026, with a median price of RM 140K and a median price per square foot (PSF) of RM 196.
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 140K, with most transactions falling within a stable range of RM 85K to RM 195K, and a typical market range of RM 65K to RM 270K.
Most transactions involved shop unit/retail lot, though some variety exists in the market.
Price per square foot shows a median of RM 196, though individual units vary from RM 145 to RM 247 in the core range. The broader market spans RM 148.09 to RM 243.09, indicating diverse property characteristics. A wider spread (IQR: RM 95.00) and deviation (MAD: RM 51) 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.