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 100,000
|
RM 163
|
614 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 110,000
RM 179 psfMedian transaction price
488A, Jalan Burma, 10350 George Town, Pulau Pinang, Malaysia
MapsOne Stop Midlands Park in Timur Laut, Penang recorded 4 subsale transactions between 2021 and 2026, sized between 575 and 624 sqft, with a median price of RM 110K and a median price per square foot (PSF) of RM 179.
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 110K, with most transactions falling within a stable range of RM 88K to RM 158K, and a typical market range of RM 88K to RM 210K.
Most transactions involved shop unit/retail lot, though some variety exists in the market.
Price per square foot shows a median of RM 179, though individual units vary from RM 98 to RM 260 in the core range. The broader market spans RM 131.79 to RM 226.79, indicating diverse property characteristics. A wider spread (IQR: RM 95.00) and deviation (MAD: RM 81) 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.